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ST. PETERSBURG, Fla.-The continuing influx of members from banks to credit unions is the most compelling trend of the second half of 2012, according to Fredda McDonald, EVP of Credit Union Experience for PSCU Financial Services.

LOMBARD, Ill.-Due to a projected sluggish second half economy and the Consumer Financial Protection Bureau's focus on overdrafts, credit unions need to use the next six months to begin creating new revenue streams.

While it's easy to bemoan the fact that we don't have a booming recovery, credit unions need to keep in mind that a slow, steady recovery has its own strength and may simply require a little more patience.

RALEIGH-Credit unions need to use the second half of 2012 to monitor the emerging mobile payments market, because what happens there will influence not just how members use their money but how CU employees do their jobs.

SAN DIEGO-Symitar has seen a "nice acceleration" in the number of credit unions looking to change core processors over the past few months, and the company expects that trend to continue for the second half of 2012.

DES MOINES, Iowa-A steadily improving economy presents benefits as well as concerns for credit unions, according to the CEO of The Members Group.

FORT WORTH, Texas-Credit unions are off to a good start in 2012, but there's a lot of uncertainty brewing.

PLANO, Texas-Credit union executives continued to wax more positively in the quarterly CEO Confidence Survey conducted by Catalyst Corporate FCU coming in at a nearly three-year high.

CHATSWORTH, Calif. – NCUA announced this morning it has liquidated Telesis Community CU and assigned the remnants of one of the biggest member business lending credit unions to nearby Premier America CU in a purchase and assumption deal.

ALEXANDRIA, Va. – 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, NCUA reported this morning.

ALEXANDRIA, Va. – NCUA reported yesterday it approved the merger of ailing $80 million REALTORS FCU, billed as the nation’s first virtual credit union, into giant Northwest FCU, in nearby Herndon, Va. , one of several troubled credit unions to be merged out.

CFOs are being cautioned that their risk models may be underestimating a pending threat.

The cost-effectiveness of the traditional CU commitment to face-to-face service in the age of low-cost delivery channels is being questioned in a new report.

Star Choice Credit Union is working to discourage big deposit inflows by cutting off interest to large money market depositors.

With just 1,300 credit unions offering investment services to their members, Bill Handel believes too many CUs are missing out on an opportunity.

ALEXANDRIA, Va. – There have been eight credit union failures so far this year, ahead of last year’s pace when there were 16 failures for the whole year.

ALEXANDRIA, Va. – The NCUA Board approved new rules this morning requiring all credit unions to establish written policies on loan work-outs, also known as troubled debt restructurings, that will make it easier for credit union reporting and add some to the bottom line by potentially reducing the amount to be set aside for loan loss reserves.

Loan originations at credit unions hit the highest-ever volume recorded in Q1, according to analysis by Callahan & Associates and based on 7,000 credit unions' data.

A group of Wall Street banks and rating agencies told a federal court that "greed" and the need to grow earnings were responsible for the 2009 demise of the one-time $2.4-billion Eastern Financial Florida CU.

At NACUSO's recent Annual Conference, Credit Union Journal asked attendees what lessons their CUSOs learned from the recession.