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EUREKA, Calif.-Coast Central CU has parlayed strengths in operational efficiency, cross-selling and the depth of member relationships it has with its members to a spot on the Credit Union Journal Leaderboard.
April 26 -
WASHINGTON-The role of the financial regulators' and their oversight failures is coming under increasing attention by Congress and the public as the debate over financial services reform comes to a head.
April 26 -
NEW YORK – Polish & Slavic FCU will pay its members a $2.5 million special dividend on May 3 to coincide with the anniversary of the Polish Constitution of 1791.
April 25 -
CLEVELAND – NCUA this afternoon took under conservatorship St. Paul Croatian FCU because of the declining financial condition of the $250 million credit union.
April 23 -
WASHINGTON – CUNA on Monday released audited financials to show the trade association erased two years of red ink with $6.8 million in net income for 2009.
April 19 -
LAKE BLUFF, Ill.-Without capital credit unions will not play a significant role in the nation's economic recovery and, moreover, a large number will fail if they cannot access some form of alternative capital.
April 19 -
ALEXANDRIA, Va.-Despite one consultant's "stress test" that shows CUs are considerably undercapitalized, NCUA believes CU capital is strong enough to withstand ongoing economic challenges, following stress tests the agency has performed.
April 19 -
LAKE BLUFF, Ill.-Credit unions did not manage their balance sheets as well as banks in 2009, and it may cost them in the coming year, according to a stress test just released by Moebs $ervices.
April 19 -
PHILADELPHIA – A man paroled from prison in February after serving a six-year sentence for bank robbery was identified on video cameras as the individual who held up a TruMark Financial CU branch Friday.
April 18 -
EL SEGUNDO, Calif.-One of the problems with reining in Reg Flex is that in the process, NCUA could unwittingly rein in credit unions' ability and appetite to innovate, suggested Teresa Freeborn, CEO of Xceed FC, who offered her perspective on the proposal.
April 12 -
BEL AIR, Md.-NCUA's changes to its Reg Flex program are appropriate given the changing economic environment, according to Rose Ann Lambert, CEO of Freedom FCU here.
April 12 -
PALATKA, Fla.-A credit union CEO who appealed to Congressional leaders and President Obama for help and flexibility has no issue with NCUA's decision to alter its Reg Flex program.
April 12 -
MIAMI-The number of consumers behind on their mortgage payments but current on their credit cards continues to rise, while bankruptcies are also set to increase.
April 12 -
MIAMI-Big banks are acting more like credit unions, at least it when it comes to collections, and their efforts are apparently paying off. With unemployment near double digits nationwide, many customers are newly delinquent and in positions to which they are not accustomed.
April 12 -
DALLAS-Everything is bigger in Texas, including some of the challenges for its smallest CUs. This concept is well illustrated by CUs operating as very small fish in very large ponds, yet also finding niches in which they can prosper in the Lone Star State's largest markets.
April 5 -
DALLAS-Texas Health Resources CU CEO Suzanne Chism believes small credit unions help paint a picture for those outside of CU circles that may help turn the tide in a legislative battle with banks.
April 5 -
SAN ANTONIO-Express News FCU is making headlines in tough economic times. CEO Linda Tudyk said support from its newspaper sponsor, San Antonio Express News is critical to the success of the credit union.
April 5 -
HOUSTON-The future is bright for Light Commerce Credit Union, according to its CEO, Harlene Johnson, noting the CU is looking to add members this year by leveraging its relationship with its sponsor.
April 5 -
HOUSTON-This south Texas city was able to dodge most of the effects of the recession until last fall, when a construction slowdown affected members of Union Fidelity FCU, and the CU swung into action, according to CEO Cindy Hester.
April 5 -
WASHINGTON-CEOs polled by Credit Union Journal have primarily expressed support but also some mild irritation with NCUA's plan to dial back its regulatory flexibility (Reg Flex) program. But not all agree.
April 5




