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It's no secret that consolidation in credit unions is occurring primarily among those below $50 million in assets. Those that wish to not just remain standing but growing will be best served by identifying specific markets for lending, and then pricing those loans just right.

Small CUs may not be able to compete with larger institutions that are "lending machines," but they can be smarter about how they use their information, according to one person.

LYNCHBURG, Va. – NCUA said this evening it shuttered $14 million Lynrocten FCU here, the year’s sixth credit union failure.

NAPLES, Fla. – ACI Worldwide, which has emerged as one of the leading service providers for credit unions, reported this morning that losses widened to $2.2 million for its first quarter, from $1.8 million a year ago, because of costs related to its recent acquisitions of Online Resources Corp. and S1 Corp.

HOUSTON—About 7,300 members of El Paso Corp FCU, which was forced into a merger because of the last year’s takeover of its corporate sponsor, will share in a $9.5 million merger dividend after the combination of the $125 million credit union with First Service CU.

RICHARDSON, Texas –NCUA reported today Texans CU had first quarter net income of $5.2 million, but even with five straight quarters of profitability the one-time $2 billion credit union run by NCUA the past two years still has a $15 million hole.

LAS VEGAS – Troubled Silver State Schools CU reported a $1.2 million net for the first quarter today, compared to a $3.5 million loss for the first quarter last year, even as it expended all of its own reserves.

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

VIENNA, Va. – Navy FCU reported a record $218.2 million first quarter net income this morning, up 29% from last year’s first quarter, as the world’s biggest credit union continued to land record mortgages.

Credit unions are seeing strong loan demand, especially auto loans, as well as steady growth in membership, deposits and capital, according to CUNA Mutual Group's most recent "Credit Union Trends Report."

The Coalition for Credit Union Access, a group of credit unions that is advocating for access to supplemental capital, last week released a new infographic aimed at showing how such access would spur economic growth.

NEW YORK – A video billboard touting the credit union difference was unveiled for millions of viewers in Times Square this morning and will run through CUNA’s annual America’s Credit Union Conference, being held in New York City June 30 through July 3.

ALEXANDRIA, Va. – NCUA shuttered tiny Shiloh of Alexandria FCU this evening, the fifth credit union failure of the year.

RANCHO CUCAMONGA, Calif. – CO-OP Financial Services announced this morning it is paying its members a $25.9 million patronage dividend this year, up 73% from last year’s $15 million, as transaction volume soared on the credit union-owned payments networ

FAIRFAX, Va. – Apple FCU, the former teachers credit union that has become one of the biggest local credit unions in suburban Washington, D.C., announced this morning it is acquiring nearby Vantria FCU, a one-time $84-million credit union that has been adversely affected by the real estate market.

An increasing reliance on fees and other revenues from its member business loan portfolio sent Telesis Community CU spiraling toward insolvency as a growing number of the one-time $615-million credit union's MBLs went sour, according to a report issued last week by NCUA's Office of Inspector General.

ALEXANDRIA, Va. – An increasing reliance on fees and other revenues from its member business loan portfolio sent Telesis Community CU spiraling toward insolvency, accelerating as a growing number of the one-time $615-million credit union’s MBLs went sour, a new report issued this afternoon by NCUA’s Office of Inspector General says.

HOUSTON – InvesTex CU has agreed to acquire StarTrust FCU, the troubled former Enron Corp. credit union, accelerating the consolidation of credit unions in the Houston market.

MIAMI – In a ruling with enormous ramifications for Wall Street, a federal court here yesterday dismissed a fraud suit brought by Space Coast CU against several Wall Street banks and ratings agencies over $150 million of risky investments known as collateralized debt obligations—or CDOs—they sold to Eastern Financial Florida CU, the huge Florida credit union that failed in 2009 and was subsequently acquired by Space Coast.

American workers' financial fortunes have improved since the worst days of the recession, but 2012 saw some employees backsliding, and retirement saving remains a struggle.