Michael Bartlett

Corelation, provider of core processing systems to credit unions, said $177 million InvesTex CU of Houston signed with the company.

MADISON, Wis. — CUNA Mutual Group said it has reached an agreement to sell Producer's Ag Insurance Group — its crop insurance business better known as ProAg — to HCC Insurance Holdings, Inc.

Whether it was driven by procedure, policy or politics, NCUA's decision to reissue its controversial risk-based capital rule for comment met with much approbation by credit union executives and stakeholders, even as the industry is still holding its breath to see what the revised proposal looks like.

WASHINGTON — NCUA and NAFCU say the Department of Defense's proposal to expand the list of credit products covered by the Military Lending Act's 36% rate cap could hurt credit unions and their members.

PHOENIX — Ask a simple question; get a phenomenal response.

The National Credit Union Foundation is taking nominations for three board seats now through Oct. 31.

DES MOINES, Iowa — As mobile payments becomes more ubiquitous, card tokenization efforts are on the rise.

LAS VEGAS — Though the U.S. economy is still facing a number or risks, Mark Zandi, chief economist for Moody's Analytics, says conditions are ripe for significant improvement going forward.

Regulator priorities used to be somewhat clear – making sure lenders were originating and servicing residential mortgage loans in accordance with applicable requirements. But more recently the focus has been on fair lending and disparate impact.

San Antonio Water System FCU announced its intent to merge into Generations Community FCU, with the deal expected to be completed at the end of September.

ALEXANDRIA, Va. — Given the dearth of new CUs in recent years, the National Credit Union Administration on Monday announced it has created a new resource to help groups that are interested in applying for a federal charter.

FAIRHAVEN, Mass. — SJB Federal Credit Union has merged into Southern Mass Credit Union in Fairhaven, Mass., creating an institution with approximately $207 million in assets.

SJB Federal Credit Union has merged into Southern Mass Credit Union here creating an institution with approximately $207 million in assets and serving 13,500 members.

MEDLEY, Fla. — With almost no public transportation in its service area, Compass Financial FCU realized it needed to do more than just give its members an auto loan. The CU also needed to help members keep their cars on the road.

BEAVERCREEK, Ohio — Though the refinance boom is over and several mortgage giants are reeling as originations decline, some credit unions are thriving as they tap into a new source — first-time home buyers.

BEAVERTON, Ore. — From coast to coast, credit union and state league executives hailed the selection of Jim Nussle as the new leader of CUNA — with two people independently using the word "excellent" to describe the hire.

ALEXANDRIA, Va. — Federally insured credit unions saw an increased median rate of loan growth in the year ending June 30, according to analysis of state-level data released Tuesday by NCUA.

GREENFIELD, Mass. — A former head teller for $509 million Freedom Credit Union pleaded guilty to stealing more than $90,000 from a membersm accounts.

WASHINGTON — CUNA has created a 12-member task force — including CU CEOs, state league presidents, a volunteer at a credit union and a CEO who represents a credit union not affiliated with CUNA — to study the trade group's structure and governance.

The Iowa Credit Union Division on Friday placed Louden Depot Community Credit Union into receivership, and then tendered the receivership to the National Credit Union Administration.