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ALEXANDRIA, Va. – Two years after the credit union system was brought to its knees by the financial crisis, NCUA is reviewing the adequacy of emergency liquidity planning by credit unions.
December 15 -
WORCESTER, Mass. – Fast-growing Webster First FCU, which entered the Bay State’s north shore earlier this year with a deal for Saugus FCU, has agreed to acquire Winthrop FCU, its third merger of 2011, giving it a presence in the Boston market.
December 15 -
PEORIA. Ill. – CEFCU paid its members a $7 million extraordinary dividend yesterday.
December 13 -
MADISON, Wis.-The increasing number of fees banks are building into their pricing will affect credit unions' thinking on the same issue, according to one person.
December 12 -
WASHINGTON-Total loans outstanding at credit unions increased for the seventh straight month in October, according to analysis released last week by CUNA.
December 12 -
LAKELAND, Fla. – In a landmark deal, MidFlorida CU has agreed to acquire six Tampa-area branches, 16,000 member accounts and $115 million in assets from Space Coast CU, the Melbourne, Fla., credit union giant.
December 12 -
BIRMINGHAM, Ala. – For the second straight year Credit Union Service Centers of Alabama will pay a shareholder dividend.
December 9 -
MONTGOMERY, Ala. – Two more credit unions have announced year-end bonuses.
December 8 -
BALTIMORE – MECU here said it will pay its members a loan interest rebate of $1.139 million, or 6% of the interest paid on loans between June 25 and Nov. 30 of this year.
December 7 -
BATTLE CREEK, Mich. – OMNI Community CU will be paying $1 million to its members in its 4th Annual Cashback Rebate.
December 5 -
ATLANTA-Total consumer debt has nearly returned to pre-recession levels, including a 32% growth among credit card originations, according to the newly released Equifax National Credit Trends Report. But home equity lending continues to slide.
December 5 -
EUGENE, Ore. – NCUA Friday night liquidated O.U.R FCU, a one-time $5-million credit union it has been running under conservatorship since October, and assigned the remnants to Northwest Community CU, a $675-million credit union in nearby Springfield, Ore.
December 4 -
ALEXANDRIA, Va. – Two more troubled Las Vegas credit unions will be merged out, the latest in a string of deals that continues to winnow the state’s credit unions, NCUA reported this morning.
December 2 -
PENSACOLA, Fla. – Gulf Winds FCU will pay its members a $1 million bonus dividend – an average of $21 per member – to be divvied up to members with share accounts.
December 1 -
COLLINSVILLE, Ill. – Scott CU will be paying members a total of $1.1 million in bonus dividends and loan rebates later this month.
December 1 -
ALEXANDRIA, Va. – NCUA reported this afternoon its $2 billion third quarter assessment for the corporate credit union resolution erased almost half of the industry’s net income for the period, resulting in third-quarter earnings of $1 billion for the industry’s 7,179 federally insured credit unions, down from $1.9 billion in the second quarter.
December 1 -
FAIRBORN, Ohio – Wright-Patt CU announced this morning it is paying members a $5 million special patronage dividend.
December 1 -
OGDEN, Utah – Goldenwest CU will pay its members a $575,000 bonus dividend, the eighth straight year the credit union paid a bonus.
November 28 -
WASHINGTON-Anti-bank sentiment and Bank Transfer Day may have gotten the headlines, but the nation's banks quietly closed out the third quarter by reporting their profits rose to their highest level in more than four years.
November 28 -
WASHINGTON-Holiday cheer continues to be sparse as the holiday season approaches.
November 28


