Collaboration

The advent of more choice for credit unions when it comes to trade groups appears to be a dialogue few industry leaders want to tackle.

If others follow Del-One's lead and start league shopping instead of staying in-state, collaboration in the cooperative industry could take a hit, some worry.

Credit unions affiliated with the league that serves Delaware, Massachusetts, New Hampshire and Rhode Island will see some of their dues money returned.

Consulting Services division intended to help other CU achieve their strategic goals.

With compliance costs on the rise, some banks are looking at sharing staff -- a move CUs have utilized for many years.

The World Council of Credit Unions has launched a social media app aimed at bringing together the global credit union community, but questions remain about whether or not it will catch on.

Annual innovation competition brought together approximately 200 people focused on the next big tech breakthrough for CUs.

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

Baileyville, Maine-based Consolidated Solutions LLC, an indirect lending CUSO that serves a number of Maine credit unions, recently celebrated a milestone when it reached $1 billion in loans.

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.

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.

Though Catholic credit unions face many of the same challenges others do, they also must contend with some concerns that are specific to serving a religious organization, which is what pushed 11 credit unions that all serve Catholic churches to band together.

Florida Credit Unions Shared Services announced a $602,776 patronage rebate and dividend to its participating CUs and stockholders in 2015.

The idea of allowing a merged credit union to maintain its identity as a "division" of a network CU is interesting, but small CUs should look to CUSOs and their trade groups for resources that would allow them to remain independent, according to former NCUA Board Chairman Michael Fryzel.

With its cooperative history, the credit union industry needs to coordinate efforts to win key legislative and regulatory battles ahead.

The League of Southeastern Credit Unions & Affiliates (LSCU) and the New York Credit Union Association (NYCUA) on Tuesday said they have signed a letter of intent to combine many of their operations into a jointly owned subsidiary that will house all of their back office functions.

CO-OP Shared Branch has overtaken Bank of America in number of branches, and now is the third-largest network of financial institution branches in the United States, according to data drawn from the FDIC.

WyHy Federal Credit Union and Western Vista Federal Credit Union have formed a managing CUSO known as UProsper Services Group, LLC, which they said will allow the CUs to collaborate as equal partners on a number of joint ventures.

MERIDEN, Conn.—Small credit unions in Connecticut are set to receive marketing assistance for the rest of 2015 thanks to a partnership between the Connecticut CU League and a marketing firm specializing in credit union promotions.

SAN FRANCISCO — To partner eligible members with potential credit unions they can join, Sam Brownell has launched a KickStarter campaign here for Credit Union Match.