SACRAMENTO - The Golden 1 CU has reached $5 billion in assets. The nation's fourth largest CU serves 550,000 members; has 67 offices; and operates 270 ATMs. The Golden 1 CU had a change in the corner office a few years ago when Stan Hollen left to become president of...
RANCHO CUCAMONGA, Calif. - Credit Union Direct Lending has begun operations in Illinois, bringing the number of states the CUDL program is fully operational to 13, serving more than 280 credit unions and counting 2,800 dealerships in its network. In addition to Illinois, the other 12 states are California, Nevada,...
WASHINGTON - June is National Homeownership Month, and to celebrate this third annual event, HUD is sponsoring Homeownership Expos in Las Vegas, Nev. and Miami, Fla. The events, which will be held along with many other small, local events planned around the country, are part of a month-long campaign by...
RANCHO CUCAMONGA, Calif. - The California Credit Union League released the results of its 2004 Credit Union Staff Compensation Survey, and the results provide an interesting insight into some human resource practices of credit unions in California and Nevada. Survey data show salary increases for management and non-management employees at...
SAN JUAN, Puerto Rico - Two events, the delivery of an oversized check and an unexpected, congratulatory visit from the new head of the Treasury's CDFI helped set the tone for what became a joyful, if cautious, celebration of the National Federation of Community Development Credit Union's 30th annual meeting....
SAN DIEGO - Robberies at credit unions have more than doubled since 1990, with robbers viewing credit unions as much easier targets than banks and other financial institutions, according to one of the most experienced bank robbery investigators in the United States. "Credit union robberies over the last 14 years...
DURHAM, N.C. -At a time when NCUA officials are expressing increased concern over the dwindling number of small credit unions, one credit union sponsor here has found that mergers are sometimes the way to go for struggling small CUs. Late in 2002, the North Carolina Minority Support Center helped reorganize...
WASHINGTON - Sources close to the NCUA Board nominating process have said Troy Stang, Texas Credit Union League Vice President of Public Relations, will likely be nominated for the vacant NCUA Board seat. Stang has made several trips to Washington, D.C. since his name came up for the job. Others...
WASHINGTON - Mortgage rates may be going up and the number of refinance and first mortgage applications are expected to fall, but that doesn't seem to be affecting the number of people employed in the mortgage industry. According to the latest employment report by the Bureau of Labor Statistics, in...
SYRACUSE, N.Y. and HERNDON, Va. - Two firms that serve credit unions with document management services are joining forces. Immediate Mailing Services, which provides document and information management services to 65 credit unions, and DigitalMailer, the popular credit union eStatements provider, have formed a marketing agreement. The marketing alliance calls...