Growth strategies

NCUA’s quarterly map of state-by-state growth details overall gains for the industry but more of the usual bad news for smaller CUs.

CUs in Wisconsin and Alabama sign on with CUSO's NPS technology

More than 50% of millennials can't distinguish between CUs and banks, indicating that credit unions still face a significant awareness gap with younger consumers.

Latah FCU has converted to a state charter with private share insurance, citing NCUA's potential for interference in the credit union's operations through its management of the share insurance fund.

Financial institutions may have a reputation for being old-school, but their rapidly growing digital-ad budgets are in step with the rest of the business world. Credit unions and banks can both gather valuable demographic data from who clicks on their ads and better measure returns on their investments.

Pentagon Federal Credit Union in Alexandria, Va., has agreed to acquire Clovis, N.M.-based High Plains Federal Credit Union.

Strategic Resource Management (SRM) said it has launched a consulting focus area dedicated to helping credit unions and banks capture maximum benefit from vendor contracts during and after a merger or acquisition.

Five finalists are vying to win CUES’ competition by pitching special projects aimed at everything from financial education and savings to employee development and engagement.

Merger will be finalized on Oct.1, after being in the works for nearly a year.

Initiative gives high school students on-the-job vocational training.

A group of financial industry players — including mortgage servicers and credit unions — are joining together to form a new coalition promoting workforce diversity.

More and more for-profit banks are getting CDFI status, with many viewing it as a way to better position themselves within the markets they serve.

Effective August 16, the agency became known as Summit Insurance, a division of TCU Insurance Agency LLC.

The Credit Union National Association on Wednesday released the 2016-2017 CUNA Staff Salary Report, which the trade group says provides "exhaustive" data on compensation trends for credit unions across the country.

Following a 96% affirmative vote from its membership, Ecolab Credit Union will merge into SPIRE Credit Union on October 1.

The National Credit Union Foundation is calling for funds to support season six of Biz Kid$, a credit union-funded national public television series.

The National Credit Union Administration released second quarter Call Report data for 2016 showing signs of significant growth for the industry, but not all CUs are riding the wave.

"Smart Connection" aims to boost financial literacy in consumers between the ages of 18 and 25.

Moldovan CU representatives recently visited with colleagues in Idaho as part of an exchange program facilitated by the World Council of Credit Unions.

While the August jobs report may temporarily stave off the next interest rate increase from the Fed, one recent report shows credit unions are making only average gains this summer.