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St. Annes Credit Union said its board appointed Eileen M. Danahey as its new president and chief executive officer, making her the first woman to hold these titles at the $864 million institution.
By Palash GhoshFebruary 24 -
Redding, Calif.Mark Moore has stepped down as the chief executive officer of Members 1st Credit Union on Jan. 31 after serving in that role for almost 24 years.
By Palash GhoshFebruary 23 -
Workers' Credit Union, a $1.3-billion institution based in Fitchburg, Mass., reported it has deposited $3 million into its members accounts this month, based on account and loan balance data for 2015.
By Palash GhoshFebruary 19 -
Rogue Credit Union paid out a $2.5 million dividend under the CU's first ever "Rogue Rewards Loyalty Dividend" program.
By Palash GhoshFebruary 18 -
North Island Financial Credit Union was on the verge of conservatorship but managed to avoid that fate and come back out swinging.
By Palash GhoshFebruary 17 -
When regulators step in to take control of a troubled CU, what promising signs do they look for to determine whether there will be life after conservatorship, and what happens next?
By Palash GhoshFebruary 17 -
Members of Crane Credit Union here voted to convert the $485 million institution from a federal to a state charter.
By Palash GhoshFebruary 16 -
Though the bank that was dedicated to helping former slaves gain access to financial services failed, that same basic mission bringing affordable financial service to people of modest means would carry on in credit unions. In honor of Black History Month, Credit Union Journal looks at the history behind this special bank that still serves as inspiration for CUs that primarily serve African Americans today.
By Palash GhoshFebruary 16 -
Intuvo, a Scotts Valley, Calif.-based company that provides marketing automation software to credit unions, has entered into new partnership agreements with nine credit unions.
By Palash GhoshFebruary 11 -
Two credit unions were included among the winners of the 2015 Governors Financial Literacy Awards in Wisconsin.
By Palash GhoshFebruary 11 -
Two of the think tank's incubator projects are being moved to the next phase after demonstrating they can help provide the underserved with access to financial services.
By Palash GhoshFebruary 10 -
Mid-Hudson Valley Federal Credit Union, an $815-million institution based in Kingston, N.Y., said NCUA has approved its merger with Bridgeway Federal Credit Union, a $82-million entity based in Poughkeepsie, N.Y.
By Palash GhoshFebruary 10 -
Enrichment Federal Credit Union, a $425-million institution based in Oak Ridge, Tenn., said Craig Peters will be promoted from executive vice president to president and CEO, effective April 1.
By Palash GhoshFebruary 9 -
Efforts are underway to charter a new credit union to be called The Bravest FCU to serve firefighters and emergency medical service workers in New York City.
By Palash GhoshFebruary 8 -
CTK Credit Union, a tiny credit union based in Milwaukee, Wis., has been served an order of liquidation by the Wisconsin Office of Credit Unions, which immediately appointed NCUA as liquidating agent.
By Palash GhoshFebruary 8 -
State financial institution regulatory agencies in Idaho and Vermont have been approved for reaccreditation by the National Association of State Credit Union Supervisors (NASCUS) and the Conference of State Banking Supervisors (CSBS), in the wake of recent reviews, NASCUS announced.
By Palash GhoshFebruary 1 -
ALEXANDRIA, Va. The National Credit Union Administration said it issued six orders in January prohibiting the following persons from participating in the affairs of any federally insured financial institution:
By Palash GhoshJanuary 29 -
If you're like a lot of credit union and bank executives out there, you're probably not so sureand even the financial regulators don't all agree on how it should be done.
By Palash GhoshJanuary 28 -
Alexandria, Va. Twenty-two credit unions have agreed to pay civil monetary penalties for filing their third-quarter call reports late, the National Credit Union Administration said Wednesday.
By Palash GhoshJanuary 27 -
Samaha Associates, a consulting group for financial institutions, announced that Fort Bragg Federal Credit Union and SkyOne Federal Credit Union sought out its services to find a way to ensure that their respective electronic funds transfer (EFT) systems are optimized, efficient and meet regulatory standards.
By Palash GhoshJanuary 26

