ALEXANDRIA, Va.-November 2004 saw 38 credit union mergers, the most in at least the last three years, according to NCUA's Insurance Report of Activity in that time period. Of the 38 mergers, 29 of the merged credit unions were under $10 million in assets. Nine were under $1 million, November...

DENVER - By entering the subprime auto lending market, Aimbridge Lending wants credit unions to be able to offer auto loans to those members who fall outside the prime lending market. Aimbridge Lending COO Ann Schmitt said she didn't have estimates on the number of auto loan applications that are...

HUNTSVILLE, Ala. - Four members of Redstone FCU drove home with early Christmas gifts from the credit union in the form of brand new 2005 SUVs. The four were winners of Redstone's Giant SUV Giveback promotion the credit union ran for four months starting September 1. More than 30,000 members...

PHOENIX - An Arizona Congressman has been recognized by the Arizona Credit Union System for his support of credit unions. Representative Jim Kolbe, a Republican representing the Eighth District, was recognized at a Dec. 15 ceremony at a shared branch in Tucson attended by staff from Pyramid CU, Tucson Telco...