Palash Ghosh

The potential for growth as a result of NCUA’s revised field-of-membership rule could be dwarfed by the costs of the technology needed to make the most of the opportunity.

Christopher Credit Union in Chesaning, Mich., merged on Jan. 1 with United FCU of Saginaw following a November vote by CCU's membership that garnered 100% approval.

Credit Union Resources announced that Richfield-Bloomington Credit Union of Bloomington, Minn. has named Gregory Worthen as its new president and CEO, effective Tuesday.

The $3.4 million dividend was the biggest payout in the credit union's history.

The National Credit Union Administration this month banned five individuals from participating in the affairs of any federally insured financial institution.

The New York Credit Union Association filed an amicus brief with the U.S. Supreme Court in support of the state of New York’s ban on credit card surcharges.

First City Credit Union, a $605-million institution based in Los Angeles, announced it selected Jim Miller as its new president and CEO, succeeding Terry O'Steen, who is retiring after more than 20 years with the credit union.

The Florist Federal Credit Union, an $8.1-million institution based in Roswell, N.M, said it hired Cisco Malpartida Smith as its new president and CEO, succeeding Kenneth Bell, who is retiring.

Charter Oak Federal Credit Union has awarded more than $487,000 in annual $100 cash bonuses to its Gold Rewards members this December, making it the largest one-time bonus payout in the program's history.

David Jezewski will take the helm in April, succeeding retiring CEO Ernie Jackson.

NCUA’s recent field of membership ruling could massively expand credit union membership – provided CUs have the technology to capitalize on the opportunity.

New President and CEO Marilyn Brink has served North Coast in a variety of positions for 14 years.

The credit union has returned more than $8 million to members since 1996.

A total of $9,364 in penalties will be forwarded to the U.S. Treasury.

The partnership between the two groups aims to raise awareness and provide additional support for WOCCU’s global work.

The data shows an increase in delinquency rates for consumers with poor credit, but the bulk of the subprime loans that are performing poorly right now aren't coming from credit unions.

The $741 million-asset credit union’s partnership with Milk Money has raised nearly $75,000 for small Vermont businesses.

Marvel Ebenhahn is set to retire from Community CU in New Rockford, N.D. in January, having led the credit union since 1952.

The Oklahoma-based credit union will implement a variety of Fiserv solutions, including Portico, making it the first credit union to integrate commercial lending modules into that solution.

The Florida-based CUSO is cautioning CUs about the potential that recent interest rate hikes could have on credit card margins and profitability.