Corporate governance

INDIANAPOLIS-It doesn't always take a special promotion or a creative ad campaign to convince consumers to bring their business to the credit union.

PEMBROKE PINES, Fla. – State regulators approved a request from Power Financial CU to expand into Florida’s Keys, a 160-mile string of connected islands south of Miami.

Credit union trade groups long have trumpeted how much money CUs save consumers directly and indirectly — Global Credit Union is taking the concept a step farther.

AUGUSTA, Maine – New television commercials for the Maine CU League’s awareness campaign will feature an animated, three-dimensional look, and will invite viewers to “Look into Maine’s Credit Unions. You’ll like what you see.”

SEWICKLEY, Penn. – Members lined up Friday for PA HealthCare CU’s “Perfect 10” CDs, celebrating 10-10-10 $1,010, 10-week CD paying 10% APR.

Numerica Credit Union is reaching out to young members and potential members with a new website that offers financial tips and a chance to win a cash prize through a video contest.

Last year Co-op Services CU learned an important lesson about randomly giving away $100 bills to local residents.

EL PASO, Texas – GECU, formerly Government Employees CU, has applied to state regulators to expand its field of membership over state lines to serve the New Mexico counties of Dona Ana and Otero.

CEFCU had a stellar 2009 and continues to prosper in the first half of 2010, earning it a spot on the Credit Union Journal Leader Board.

SPRINGFIELD, Ore. – Northwest Community CU and Mid Oregon FCU in Bend have announced plans to merge.

LINTHICUM, Md.-Given consumers' mistrust of banks and often a lack of knowledge about credit unions, SECU here decided it's time to get straight to the point about the CU difference.

CHANTILLY, Va.-After a hard day at the office or in the field, Justice FCU doesn't want its members fretting over financial decisions.

FAIRFIELD, Conn. – Fairfield University Employees CU can finally serve students at the university after merging into larger Personal Care CU, based in nearby Trumbull, Conn.

VIENNA, Va. – With Navy FCU’s agreement to merge with San Diego’s USA FCU, the world’s largest credit union will acquire 19 new branches, 11 of them overseas, in the biggest credit union deal yet for international branches.

RUSSELLVILLE, Ark.-The only way many small CUs will generate enough ROA to stay in business is to increase unrelated business income, according to one small credit union CEO.

EMBROKE PINES, Fla. – Power Financial CU is the latest credit union to expand into the underserved Florida Keys, a 160-mile long string of islands south of Miami connected by a single causeway.

WORCESTER, Mass. – Webster First FCU recently opened a branch in the Compare Foods neighborhood supermarket to serve residents of the city’s burgeoning Hispanic population.

WASHINGTON – Capital-area credit unions kick off the fall phase of their cooperative advertising campaign Sept. 20 with a multi-faceted online effort aimed at young adults.

BROOMALL, Penn. – Franklin Mint FCU, which has branches in nine area hospitals, will extend its reach into the region’s hospitals with a deal to acquire Main Line Health Employees FCU, a $52 million credit union which serves employees at three local hospitals.

LAS VEGAS – Utah credit union giant America First CU said Friday it has converted all five branches of Community One FCU, about one year after assuming operations of the one-time $180 million credit union failure.