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Pen Air FCU lending is booming, its product menu continues to expand, even as it continues to cut expenses.

JetStream FCU has seen more than its fair share of turbulence.

NCUA last week released its first-ever quarterly U.S. Map Review, showing CUs in the Midwest and the Prairies are experiencing the strongest recovery, while states in the West and Mid-Atlantic are lagging.

Declining loan losses and continued cost-cutting sent net income at the nation's credit unions surging by 19% for the first quarter of the year to a record $2.1 billion, up from $1.7 billion for the same period last year.

Nader Moghaddam admits his first day on the job at Financial Partners Credit Union as CEO was nearly his last.

Credit unions may be not-for-profit, but they're still about making money.

WASHINGTON – The FDIC on Friday closed four more banks, bringing the number of failures to 28 so far this year.

RALEIGH, N.C. – Former directors of Greater Kinston CU are challenging the state’s February conservatorship of their $17 million community development credit union amid allegations of impropriety by the board members.

Two credit unions shared the kinds of recognition programs they use within their credit unions to motivate employees.

JACKSON, Mich.-Not surprisingly, CFOs expect their attention in the second half of the year will remain on squeezing what they can from investment portfolios.

MADISON, Wis.-The economic tea leaves do not show rapid growth nor booming loan demand in the second half of this year, meaning credit unions must look for alternative means to build their portfolios, according to one analyst.

ONTARIO, Calif.-Pay little attention to any second-half forecasts that call for a softening in car sales.

BIRMINGHAM, Ala.-Not expecting the economy to turn the corner for another 18 months, Dennis Dollar is urging credit unions to begin navigating their way through the fog now.

GREENSBORO, N.C.-Credit unions will need to hone their investment strategies in the second half of 2012.

RANCHO CUCAMONGA, Calif.-The biggest concern for credit unions in the second half of 2012 is not whether the economy will continue to rebound, according to one expert, but what to do about all the excess liquidity pouring into credit unions post Bank Transfer Day.

LAKE MARY, Fla.-Credit unions' technology investments in the second half of 2012 will likely continue to be in the areas of relationship management and loan origination, according to Harland Financial Solutions.

COLORADO SPRINGS, Colo.-High demand for used cars has created a bubble that one person says could burst within the next six to 18 months.

CARTERET, N.J.-Expect to see credit union marketing budgets increase in the second half of 2012. "By and large, what we're seeing is credit unions loosen up a bit," said Sean McDonald, director of business development at Mid-State FCU here and chairman of the CUNA Marketing & Business Development Council.

LAKE BLUFF, Ill.-Economy finally on the upswing? Not according to one analyst, who is predicting that 2013 and 2014 will be as bad or worse than it was 2008 and 2009.

ARLINGTON, Va.-All eyes are on how Europe weathers its financial crisis to gauge what U.S. credit unions can expect to see in the latter half of this year.