Tony Mook, the former president/CEO of Cumorah Credit Union in Las Vegas, which became a takeover victim last October after suffering steep loan losses, is the new president/CEO of Alta Vista CU in California.

A paper authored by Card Services For Credit Unions and Callahan & Associates reports that CU credit card delinquency, even in this recessionary year, still dramatically lags where it was a decade ago as proportion of overall CU delinquency.

Recognizing the potential behind the trillion dollar growth in individual retirement account assets, MEMBERS Trust Co. has launched a product that is married with the features of a trust.

Defendants in a suit charging negligence and fiduciary breach began to change Western Corporate Federal Credit Union's investment focus in or around 2003 when they invested in more mortgage- and asset-backed securities, plaintiffs claim.