• Proposed Georgia Central CU/Southwest Corporate FCU merger is off

    DULUTH, Ga. - The Georgia Central CU/Southwest Corporate FCU merger has been nixed because of problems related to achieving one of Georgia Central CU's original merger goals -returning equity to its members. When the merger was announced this May it included a number of unique aspects. It was a merger...

  • NCUA taking the lead in serving the underserved

    ALEXANDRIA, Va.-NCUA is taking the reigns in steering the credit union community toward serving the underserved, without creating greater regulatory burden. Regulatory benefits to credit unions designated as low-income are also helping credit unions reach out to more in their community. NCUA's Office of Credit Union Development (OCUD) noted a...

  • SOUTH

    Eastman Credit Union, Kingsport, Tenn., has named Neil Danehy, vice president of human resources; Cathy Byers, director of operations; Kelly Price, director of operations; and Darrell Dinsmore, vice president of information technology.

  • No need to blast NAFCU to boost CUNA/Leagues

    More so than any other credit union publication, the editorial staff of Credit Union Times is diligent in making sure every news story is accurate, balanced, fair, objective, and unbiased. They have no such control over letters to the editor printed in this publication. One of the most striking examples...

  • Irwin Mortgage forms partnerships with two more CUs

    INDIANAPOLIS - Irwin Mortgage Corp., formerly Inland Mortgage, has formed partnerships with two North Carolina credit unions - Members Credit Union, Hickory, and Mountain FCU, Waynesville - to provide home financing to the CUs' respective members. As a result of the partnerships, Irwin Mortgage will put a trained Irwin mortgage...

  • Australian bank employees bank at their friendly credit union

    SYDNEY, Australia - Australian banks are having their perception problems while credit unions down under constantly get excellent ratings for service, community involvement and general caring. Nothing shows this more than the very successful Gateway Credit Union. What makes Gateway unusual is that it started out to serve bank employees....

  • FundsXpress names new EVP

    AUSTIN, Texas - Internet solutions firm FundsXpress, Inc. has appointed Greg Constantine as executive vice president. Constantine will direct business development and strategic alliance efforts of FundsXpress, as well as oversee sales and marketing divisions of the company. Constantine was most recently with FISI-Madison Financial's Interactive division. Prior to joining...

  • A year after start up, UniTrust shifts gears to beef up advisory role for members

    ALEXANDRIA, Va. - It's been a year since UniTrust Financial Services, LLC launched with the promise of offering credit union members mutual funds, annuities, insurance, online portfolios and other brokerage services. And while the nation's economy has been stuck on dormant, UniTrust has since added Wright Patman Congressional FCU to...

  • IN MEMORIUM

    Pennsylvania Credit Union League, Harrisburg, has announced the passing of two former league leaders: former Chairman Bob Neubaum at the age of 91 and former President Joseph Matisko at the age of 87. An active member of the Pennsylvania credit union movement and former treasurer of Hazard Wire Rope Credit...

  • Georgia Central CU At-a-Glance

    * Assets: $1.5 billion * Member CUs: Approximately 225. All member CUs located in Georgia. * FOM: National * President/CEO (Interium): Allen Carver * Carver on the failed merger: "Both boards sincerely wanted to make the merger work. It's just one of those things. Everybody is parting as friends."