Palash Ghosh

Some analysts suggest CUs cut fees in order to boost revenue, but CU’s haven’t wholeheartedly embraced that philosophy – at least not yet.

The $1.8 billion-asset institution converted to a federal charter out of a desire to broaden its member base and make member business loans.

The $72 million-asset credit union plans to add an affinity debit card program, relationship-based patronage and other benefits in order to boost membership growth.

Attacks on ATMs and point-of-sale machines are getting more sophisticated and frequent. Crooks are trying to get as much use as they can out of their skimming devices before the migration to chip cards is complete.

The $678,000 rebate is an increase of more than 12 percent over the previous year.

The regulator cited "operational weaknesses" as the reason for conservatorship.

The payout for 2016 brings CO-OP's total patronage to nearly $400 million since 1996.

Credit unions have long been the beneficiaries of the Community Development Financial Institution grant program and are loathe to see it nixed.

Study aims to help CUs tackle "hard choices" with implementing the upcoming credit loss accounting standard.

The move -- a "co-branding partnership," as the two CUs called it -- is believed to be the first of its kind in Hawaii.