Ray Birch

ARLINGTON, Va. — Credit union membership growth slowed in May while lending continued to strengthen, according to NAFCU's July Economic & CU Monitor.

PEKIN, Ill. — Charles Juska, the former head of Tazewell County School Employees Credit Union, is accused of misapplying more than a half-million dollars of the CU's assets.

WASHINGTON — Checking account interest rates — and fees — are rising, according to a new report from WalletHub.

MANHATTAN BEACH, Calif. — Kinecta FCU has launched two small-dollar loans that test alternative underwriting guidelines to serve the underbanked.

Another letter from Washington addressing the risk-based capital proposal landed on NCUA's desk Monday, and this time it came with a deadline.

Thieves used a forklift to steal an ATM from a branch of the $345 million Consumer Credit Union here late last month.

MADISON, Wis. — Credit union lending continues to improve, with loan portfolios rising by 1.2% in May, the biggest monthly increase in nine years, according to CUNA's monthly sample of CUs.

PRINCETON, N.J. — New car sales in the U.S. will finally return to pre-recession levels this year. But with that comeback — and corresponding hike in consumer and lender confidence — problems lurk on the horizon.

Two credit unions that have filed late call reports and face civil money penalties say they have until mid-July to either pay their fines or appeal.

BIRMINGHAM, Ala. — NCUA's proposed rule on associational common bond requirements has many credit union executives saying they are uncertain about what the agency will be looking for when it reviews existing associational relationships.

Of the 104 federally insured credit unions that missed the April 25 call report filing deadline, 84 were fined last month by NCUA, according to a report from Northwest Credit Union Association's website.

BRISTOL, Pa. — Jim Merrill has been named CEO at Inspire FCU, succeeding Glenn Styer, who retires July 21.

MORA, Minn. — Members of Greater Minnesota CU here have approved a merger with SPIRE CU, which will be the continuing credit union.

WASHINGTON — On the 80th anniversary of the signing of the Federal Credit Union Act, the White House delivered a message from President Barack Obama Thursday praising CUs for the "vital" role they play in the economy and in the lives of Americans.

ALEXANDRIA, Va. — The individual at the center of a fake Internet-based credit union and that cost investors millions pleaded guilty Wednesday in federal court here.

CUNA and the state leagues have launched a new website to mark U.S. credit unions' march toward 100 million members.

TRAVERSE CITY, Mich. — Members Credit Union here and Bay Winds FCU plan to merge.

MOUNTAIN VIEW, Calif. — Credit unions should partner with members to battle all the mobile banking attacks that will likely strike the United States following the first major mobile security threat to hit the nation earlier this month.

NASHVILLE — The merger between Kentucky Corporate FCU and Volunteer Corporate CU moved a step closer to completion with NCUA approving the deal earlier this month in a closed meeting.

OKLAHOMA CITY — A Tinker FCU member was rescued from kidnappers Saturday by an off-duty police officer who was working security at the credit union.