Corporate governance

Overland Park, Kan.-based CU Capital Market Solutions LLC (CMS) has announced the purchase of CNBS LLC, a CUSO that originated from U.S. Central in the late 1980s to provide brokerage services to credit unions.

The boards of directors of TULIP Cooperative Credit Union and Harborstone Credit Union voted late last week to merge, pending regulatory approval.

Tiny TrustUS Federal Credit Union of Midlothian, Texas will merge into Texas Trust Credit Union, based here, after approvals by regulators and by TrustUS FCU members, the two CUs said Monday.

The Maine Credit Union League recently announced a radio advertisement initiative beginning July 1 that includes 2,000 paid and no-charge 60-second commercials that will air throughout the summer highlighting the SurF campaign and the credit union movement.

Glendale Area Schools CU recently converted from a federal charter insured through NCUSIF to a state charter with private insurance through American Share Insurance, in part because the CU's outspoken CEO Stuart Perlitsh says the federal regulator is often "out of touch" with a credit union's local environment.

United Heritage Credit Union, Austin, Texas, on Tuesday said it has launched a new insurance company known as UHCU Insurance Services, LLC.

The National Credit Union Administration will host a free marketing and social media webinar on August 10 at 2 p.m. EST, entitled “Marketing -- Effective Use of Social Media.”

New York-based Municipal Credit Union has been recognized by the New York State Legislature for its 100 years of service to the civil service community with a legislative resolution in the state Senate.

At least eight small mutuals have agreed in recent years to merge with another institution rather than convert to stock ownership. More deals could be on the way.

Glendale Area Schools Federal Credit Union has converted to a state charter and will also be insured through American Share Insurance, the sole alternative provider of insurance for CUs, effectively removing it from NCUA’s purview.

Small CUs frequently see merger as the best chance for providing members a viable, vibrant credit union for the foreseeable future, but some experts suggest there's a better way.

Small credit unions—those with fewer than $100 million in assets—continue to make up the majority of charters, but do they still have a fighting chance in today's competitive financial services landscape?

More than 50% of millennials surveyed by Credit Karma said they're already saving for retirement and have an emergency fund, with 75% of savers citing the 2008 financial crisis as influential in shaping their financial management choices.

AFCU was so sure its newest branch would be a strategic advantage over its competitors that it turned the development of it into a covert operation. Now, it’s ready for its close-up.

Many credit unions pay most of their employees above minimum wage already, but could such across-the-board hikes have hidden pitfalls, or do the plusses far outweigh the minuses?

Now that privately insured credit unions finally can join the Federal Home Loan Bank system, will more federally insured state charters consider converting to private insurance?

SEATTLE — A new awareness initiative introduced Tuesday at the Credit Union National Association's America's Credit Union Conference set the stage for a focus on advocacy at the third day of CUNA's annual meeting on Wednesday.

The Credit Union National Association (CUNA) announced the formation of the CUNA CEO Council, the newest addition to the CUNA Councils, at the America’s Credit Union Conference.

Columbia Credit Union in Vancouver, Wash., has expanded into neighboring Oregon as the CU continues to eye other opportunities to offer its services beyond its 12 branches in Clark County.

SEATTLE — Disruption—both positive and negative—was on display at America's Credit Union Conference Tuesday, with intelligence from the man who brought us the Genius Bar and selling Tesla vehicles at the mall, to how the new NCUA chairman is disrupting some long-standing traditions at the agency, how "Brexit" is disrupting the economy and how conference host Credit Union National Association is looking to disrupt the way Americans think of credit unions.