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LAKE BLUFF, Ill.-In the near future credit unions will need to meet an 11% capital minimum to be considered well-capitalized, which could mean job reductions in excess of 50,000 and the end of the independent share insurance fund, according to one analyst.

LAS VEGAS-During the NACUSO Annual Conference here, Credit Union Journal asked attendees, "What impact is your CUSO(s) having on your bottom line, and will your CUSO be taking on a larger role?"

MADISON, Wis. – Credit union lending fell again in March for the ninth month in a row, as the nation’s credit unions continued to wait for the annual spring thaw on members’ checkbooks.

ARLINGTON, Va.-While data for Q1 2011 is not yet final, several experts are offering up some predictions for what those Q1 numbers will hold-including a potential new wave of retirements for credit union CEOs.

LAS VEGAS-Some of the largest credit unions that have been reporting considerable red ink posted improved numbers in Q1 2011.

SALT LAKE CITY – Virginia’s Chartway FCU continued to carve out a major footprint here last night when NCUA liquidated Utah Central CU and assigned the remnants of the one-time $190 million failure to the Virginia Beach credit union giant.

DULUTH, Ga. – ATM maker NCR Corp., fueled by a 6% rise in revenues, reported a $14 million net for the first quarter of 2011, compared to a $17 million loss for the same period last year.

ST. PAUL, Minn. – Deluxe Corp. reported a 2% drop in first quarter earnings, to $32.6 million, as the company’s core check printing business continued to decline.

HOUSTON – ATM operator Cardtronics reported first quarter net income yesterday of $6.5 million, up from $4 million for the same period last year, as revenues rose a healthy 8%.

LAS VEGAS – Silver State Schools CU, the nation’s largest privately insured credit union that has struggled with big losses the past two years, reported a slight profit of $90,000 yesterday for its fiscal first quarter.

TAMPA, Fla. – Count Suncoast Schools FCU as another credit union giant making a turnaround, after the one-time $6.2 billion credit union reported a $4.5 million net for its first quarter – its first profitable quarter in more than three years.

VIENNA, Va. – Navy FCU on Friday reported a 50% surge in first quarter net income, to $180 million, amid big gains in investment and fee income.

SAN BERNARDINO, Calif. – NCUA said this afternoon that Arrowhead Central CU, the one-time $1 billion credit union run under NCUA conservatorship since last July, broke into the black for the first quarter for the first time in three years, to the tune of $3.9 million.

SAN DIEGO – North Island Credit Union said it made “significant financial progress” in the first quarter of 2011, posting year-to-date income of $10.7 million and raising its net worth to a regulatory “adequately capitalized” level of 6.11% or $70.5 million.

BIRMINGHAM, Ala. — The reasons behind Mutual Savings CU's dramatic one-year turnaround-going from a $5.8-million loss in 2009 to a $724,000 profit last year-face Doug Key every day.

COLUMBUS, Ohio — Counting on tellers to drive long-term income is a short-term mistake with long-term consequences, according to one person.

RIVERSIDE, Calif.-Altura Credit Union said the tepid recovery in its service area has forced it to add $3 million to its allowance for loan losses, which in turn triggered a restatement of earnings for 2010 and the closure of several branches and layoffs.

WASHINGTON-More than one-quarter of Americans are spending more and saving less than they did one year ago, according to a new study, but the credit union community does not seem to be unduly worried by the findings.

PLANO, Texas-Credit union executives are still in a black mood about the economy, according to the Southwest Corporate CEO Confidence Survey for the first quarter.

RICHARDSON, Texas – NCUA this afternoon took over ailing Texans CU, a one-time $2 billion credit union under siege the last three years by its troubled member business loan portfolio.