YAKIMA, Wash. – An item in the Jan. 6 Credit Union Journal Daily Briefing on the proposed merger between Catholic Credit Union and Yakima Valley Credit Union should have clarified that for the merger to proceed an application will be sent to the Washington State Department of Financial Institutions and, if approved, members of Yakima Valley CU will vote in Spring of 2011.
The Federal Deposit Insurance Corp. reported that strong profits and improvements in asset quality contributed to a strong earnings quarter for the banking industry, though capital declined and securities losses remained elevated.
The BankChain Alliance has signed up 37 state bankers associations, which are bringing along many of their nearly 4,000 members.
Most Americans are seeing their expenses go up, and lots of them are changing their spending habits as a result, which is sapping the economy's momentum.
In an age of employee burnout, credit unions stand out as places where workers are unusually satisfied with their jobs. Here are the best 70 to work for.
In recent years, U.S. tuition costs and student debt have skyrocketed. A number of credit unions have stepped up to help their employees handle the bills.
Firms are using AI more than ever, but few have adopted clear policies outlining human oversight or how third-party vendors should handle cybersecurity.
