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Credit unions must now pay attention to an increasingly volatile long end of the yield curve, as well as to the stability of core deposits.

The slight increase in rates should be viewed by credit unions as a remainder to ensure balance sheets are in order, one analyst is reminding.

The gradual rise in interest rates now underway won't have a detrimental effect on most credit unions, predicts one industry expert-and could even be good news for the smallest CUs.

It didn't take long for C. Dana Rawlings to identify a key problem facing Pioneer West Virginia Federal Credit Union. In fact, it led to his first executive decision when he walked through the door of the credit union on his first day as CEO in July 2010.

BALTIMORE, Md. – MECU of Baltimore said today it paid its members, many of whom are teachers, a $1.5 million bonus, half of the annual bonus the $1.2 billion credit union typically pays.

NEW YORK – The credit union movement has apparently recovered from the worst recession in 75 years, but thousands of small credit unions are continually being left behind, with negative growth and negligible or non-existent profitability, CUNA economists explained during America’s CU Conference this afternoon.

The banking industry earned a record $40.3 billion in the first quarter as rising noninterest income and the continued drop in loss provisions made up for declines in interest-related income, according to the Federal Deposit Insurance Corp.

There is no quick fix when it comes to reducing expenses at credit unions, but "significant and sustainable" cost reductions can be realized through many small steps, according to one analyst.

There are many opportunities for CUs to cut expenses, from improving project management to greater efficiencies, according to Bob Parks.

An analysis of more than 700 banks that maintained CAMEL 1 ratings over the past six years has found no single commonality for that success.

One small credit union that put itself through a "brutal" review of every expense believes it is now well-positioned to grow and to serve niche markets.

NEW ORLEANS – NCUA this evening shuttered Oschner Clinic FCU, a $9 million credit union serving Ochsner Clinic Foundation and Ochsner Health System and assigned the assets of the year’s tenth credit union failure to ASI FCU.

HIGHLAND HEIGHTS, Ohio – NCUA said this morning it has taken under conservatorship PEF FCU, originally the credit union for employees of Picker X-Ray, and will work to resolve the troubles at the $32 million credit union.

HIGHLAND HIGHTS, Ohio – NCUA said this morning it has taken under conservatorship PEF FCU, originally the credit union for employees of Picker X-Ray, and will work to resolve the troubles at the $32 million credit union.

ALEXANDRIA, Va. – NCUA has approved the mergers of several struggling credit unions, including four more in California.

With two new studies examining fees and what consumers are willing to pay for, credit unions are being urged to proceed by thinking of the member before the balance sheet .

The new Consumer Financial Protection Bureau overdraft study signals that it's time CUs make sure their OD pricing and policies are fair, clearly communicated and not deceptive.

NORTH CHARLESTON, S.C. – A work-out specialist brought in six months ago at troubled CPM FCU was named permanent president and CEO after helping engineer a turn-around at the $280 million paper mill-sponsored credit union.

SUPERIOR, Wis. – A logging company featured on the History Channel’s “Ax Men” series has three months to find a buyer before its forest and lumber mill goes to a sheriff’s sale, under a foreclosure order issued Monday to Superior Choice CU.

BALTIMORE – NCUA continues to express concerns over the declining viability of small credit unions, with NCUA Chairman Debbie Matz saying more than one-third of all credit unions with less than $50 million in assets are unprofitable.