Corporate governance

Though the financial crisis forced consumers to focus on socking money away for a rainy day, a recent study suggests that thrift effect is already fading, but credit unions are in a position to help turn that around and build member relationships in the process.

CUNA Mutual Group reports economic outlook is good news for credit unions.

Members of W-G FCU in Worcester, Mass., have voted to approve a merger with RTN Federal Credit Union in Waltham, Mass.

The League of Southeastern Credit Unions & Affiliates (LSCU) and the New York Credit Union Association (NYCUA) on Tuesday said they have signed a letter of intent to combine many of their operations into a jointly owned subsidiary that will house all of their back office functions.

Industry stakeholders criticize the largest credit union trade group’s resistance to change.

The $3.8 billion Lake Michigan CU and $1.9 billion United FCU expect the deal to close by end of the year.

Nusenda Credit Union took home the prize for "Most Innovative Community-Based Banking Organization" at the 2015 Global Banking Innovation Awards hosted by BAI-Infosys Finacle in Las Vergas.

The board recommends the charter change as part of a ‘long-term strategy’ to better serve members, while providing opportunities for growth.

Credit Union Journal celebrates International Credit Union Day with its annual Day in the Life of Credit Unions photo essay. Credit unions across the country took photos throughout the day on Aug. 10, showing the typical—and not so typical—course of events on that day.

HAWTHORNE, Calif. — Members of $21 million British Airways Employees Federal Credit Union voted "overwhelmingly" to approve a merger into $440 million SkyOne Federal Credit Union, based here.