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I just read Mike Welch's Jan. 12 column, "Waving the Flag for Small CUs Not Smart," on small credit unions and I just had to share my thoughts. I think a lot of us fear not so much the disappearance of small credit unions but rather the disappearance of all...

MADISON, Wis. - CUNA Mutual and the Office of Professional Employees International Union Local 39 have agreed to a settlement stemming from charges the union brought forth against the company to the National Labor Relations Board. CUNA Mutual did not admit to having violated the National Labor Relations Act. The...

Home ownership is a treasured part of the American dream that offers millions of Americans stability and security. But increasingly, home ownership is also bringing vulnerability. Mortgage fraud is on the rise and is reaching "epidemic" proportions, as FBI officials testified during Congressional hearings last fall. To detect and deter...

REDWOOD SHORES, Calif. - Provident CU is giving its members who are homeowners the ability to transfer their current loan and low mortgage rate to the next home they buy - even years down the line - through the CU's new Home-to-Home PortableT Mortgage. The $1.2 billion CU says it...

ALBANY, N.Y. - It "was only a matter of time" that the bankers' Operation Credit Union would make its way to the capital of New York, one credit union CEO recently wrote. In a Jan. 21 letter to the Albany Business Review, Michael Castellana CEO of the $1.2 billion State...

State Employees Credit Union, Lansing, Mich., has raised a record-breaking $29,430 for the Capital Area United Way. From pledges and donations to special employee events SECU staffers found creative ways to raise money. In addition the SECU Intranet was used to offer entertainment and encourage staff participation in various United...

HALES CORNER, Wis. - Ken Bator is returning to the corporate credit union network after a few years in the consulting business. Bator, a former vice president of marketing for Mid-States Corporate FCU, has joined Corporate Central CU as director of investments-national accounts, a new position for the corporate. For...

MADISON, Wis. - CUNA Mutual says it is gearing up to go to court on behalf of hundreds of credit unions that say they had damage from a card security breach at a big box retailer. Back in March 2004, B.J.'s Wholesale Club suffered a card security breach that compromised...