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Despite recent major gains in loans and membership, CUs have seen costs rise while other key ratios such as ROAA and net interest margin have slipped, calling for a focus on cutting costs.
May 13 -
SF Municipal Railway EFCU members approve deal with UNIFY by overwhelming majority vote.
May 12 -
The number of credit union charters is decreasing at a rate of about one every business day mostly small CUs that are being merged out of existence. But some experts suggest there a number of tools these institutions should be using to not only survive, but thrive.
May 11 -
MADISON, Wis. The National Credit Union Foundation announced that nominations for the 2017 Herb Wegner Memorial Awards are now open.
May 11 -
Community Development Financial Institutions (CDFIs), along with community development practitioners and the general public, are invited to comment on a proposed FY 2016 CDFI Prize Competition, the U.S. Department of the Treasury's Community Development Financial Institutions Fund (CDFI Fund) said in a news release Wednesday.
May 11 -
ORLANDO, Fla. Insight Credit Union (ICU) announced a partnership Tuesday with the Orlando Predators Arena Football team as the, "presenting sponsor for all networking and business-to-business events during the 2016 season."
May 10 -
Silver State Schools Credit Union reported net income of $2.74 million in the first quarter of 2016, as compared to net income of $2.88 million for the first quarter of 2015, and $4.19 million for the fourth quarter of 2015.
May 10 -
Tiny My Postal Credit Union has merged into Oakland County Credit Union here.
May 10 -
The Global Women's Leadership Network will award scholarships to four women employed at credit unions around the world during the World Credit Union Conference and Global Women Forum in Belfast, Northern Ireland from July 17 to 20.
May 9 -
New ranking from Shastic explores how well credit unions are leveraging evolving digital channels, such as mobile banking and social media, which are generally considered to be "must haves" to capture the millennial market.
May 9 -
SAN DIEGO It's easy to get bogged down in the day-to-day grind of running a credit union and, in the process, lose sight of the soft skills that are just as important to success: creativity, empathy and not having to make a choice between doing good and making a living. But those soft skills took center stage at CO-OP Financial Services' THINK 16 conference here.
May 6 -
Security Service Federal Credit Union announced the launch of Security Service Insurance (SSI), a subsidiary of SSFCU.
May 6 -
CO-OP Financial Services is launching CO-OP Purpose, a new corporate social responsibility program for credit unions that provides community-oriented initiatives.
May 4 -
Why compliance isnt the biggest problem credit unions face and people helping people is behind the next big buzzword.
May 4 -
RIVERSIDE, Calif. Altura Credit Union reported net income of $3.2 million on assets of $1.2 billion for the quarter ended March 31.
May 3 -
WILMINGTON, Calif. ILWU Credit Union and ILWU-FSC Federal Credit Union on Monday announced that they have completed a merger.
May 3 -
Power Financial Credit Union, a $575 million institution based in Pembroke Pines, Fla., announced Monday that it will merge with the $43 million Ryder System FCU.
May 2 -
About 40% the credit unions six million members are millennials and represent the largest segment of the $75 billion institutions membership base.
April 29 -
Second largest credit union in the nation now focusing on state league membership requirements; still not affiliated with Carolinas CU League.
April 29 -
RALEIGH, N.C. --Coastal Federal Credit Union in, has bought the naming rights to a major concert venue in its headquarters city here.
April 28



