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WASHINGTON - Credit unions trying to manage interest rate risk by limiting their investment portfolio exclusively to fixed rate securities could be following a "flawed strategy." According to Rick Wieczorek, executive vice president of Trust for Credit Unions, in a rising rate environment, the market value on fixed rate securities...

Christian Community Credit Union, Colvina, Calif., has purchased a new minivan for missionaries to use while on home assignment through the Cards that Give to Missions & Ministries program. The credit card program applies a percentage of the interchange income generated from credit card purchases to missions and ministries projects....

Banks continue to wail about expansive CUs, yet their net income is at an all-time high. See the stat breakdown on page 4.

HELENA, Mont. - There aren't many credit union or bank trade associations anywhere in the U.S. that have the missionary zeal for social causes and civic improvement as the Montana Credit Union Network. And there aren't many that in a span of little more than two years have received so...

WOBURN, Mass. - Joe Zampitella has done what he set out to do when he founded Members Mortgage Company 10 years ago - create an independently-owned company to offer customized mortgage lending assistance to credit unions in New England. A decade later he's still the sole owner and he wouldn't...

FEDERAL WAY, Wash. - The Washington Credit Union League and Verity Credit Union have honored a 60-year old grandmother of 10 for her help in nabbing an identity thief. Verity CU staffers had called the police to report a man was trying to use an account that wasn't his. The...

Mike Welch's Nov. 17 column on our old pal Norm D'Amours brought back some not so fond memories. D'Amours continues to sing the same old tune that small credit unions are the backbone of the industry and must survive. But what about the rest of us? First of all, kudos...

SIOUX FALLS, S.D. - With its ill-fated "marriage" to the North Dakota Credit Union League one for the history books, the South Dakota Credit Union League is back to going it alone and is conducting a search for a new president/CEO. "We've started placing newspaper ads and hope to have...