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The metaphorical canary has left the coal mine, which Scott Hansen is a sign CUs are in good position for growth in the next six months.

The positive signs the economy is showing as the second half of 2013 approaches are now being reflected in CU performance, observed CO-OP Financial Services.

The next few months will see significant changes in the mortgage loan market and those changes will impact the credit unions that write those loans, according to Jeff Chesky.

Ted Bilke sees CUs continuing to leverage mobile banking in the second half of the year to keep a leg up on community banks.

The "omni-channel" experience, avoiding complacency and taking some risk will be the keys to growth in the second half of this year, according to Shazia Manus.

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.

Just a year ago forecasts for the second half of 2012 were cautious.

LAKE BLUFF, Ill. – Overdraft revenue fell, on an annual basis, for banks, thrifts and credit unions, by almost one billion dollars in Q1 2013, from the end of 2012, according to a new overdraft study by Moebs $ervices.

NORFOLK, Va. – NCUA shuttered NCP Community Development FCU this evening and assigned the remnants of the year’s eighth credit union failure to nearby Chartway FCU.

EUGENE, Ore. – SELCO Community CU, the state’s third-largest credit union, is adding three branches with a deal to merge struggling Greater Oregon FCU, a one-time $45 million credit union based in Burns, Ore.

ALEXANDRIA, Va. – Credit unions added 800,000 new members in the first quarter of the year, the best quarter ever for membership growth, NCUA said this afternoon.

LOS ANGELES – NuVision FCU will acquire two additional branches with the merger of ailing Pacific Resource CU, one of four California mergers approved by regulators in recent weeks.

Credit unions are being urged to implement a four-step process that will help avoid conflicts with examiners when it comes to allowance for loan and lease losses.

Bigger isn't always better and can lead to problems for a credit union, analysts and credit union CEOs are cautioning.

A credit union can be the most efficient organization in the industry, but if it is not effective, it won't grow. That is the stance of Randy Karnes, CEO of CU*Answers.

Mark Shobe, the CEO of $3.5-billion DFCU Financial, takes pride in running an efficient credit union, and knows that as it grows it must keep a tight focus on its strengths while avoiding the bureaucracy and red tape that can take root.

IOWA CITY, Iowa-Jeff Disterhoft, the CEO of the $2-billion University of Iowa Community CU, believes the industry is paying attention to efficient growth.

Credit unions are showing a "healthy'"5.2% annual growth in lending, according to a new analysis of Q1 data by CUNA Mutual Group's Trends Report.

CINCINNATI – Fifth Third Bancorp said this morning it expects to record a pre-tax gain of as much as $225 million (around $145 million after-tax) in the second quarter of 2013 from the sale of some of it stake in Vantiv, but will continue to hold $1.3 billion worth of stock in the card processor it took public a year ago.

Credit unions around the country are once again reporting big gains in the first quarter, many of them benefiting from excess loan loss reserves that remain from the financial crisis that they are sending straight to their bottom lines, according to Financial Performance Reports submitted to NCUA.