Corporate governance

The $3.8 billion Lake Michigan CU and $1.9 billion United FCU expect the deal to close by end of the year.

Nusenda Credit Union took home the prize for "Most Innovative Community-Based Banking Organization" at the 2015 Global Banking Innovation Awards hosted by BAI-Infosys Finacle in Las Vergas.

The board recommends the charter change as part of a ‘long-term strategy’ to better serve members, while providing opportunities for growth.

Credit Union Journal celebrates International Credit Union Day with its annual Day in the Life of Credit Unions photo essay. Credit unions across the country took photos throughout the day on Aug. 10, showing the typical—and not so typical—course of events on that day.

HAWTHORNE, Calif. — Members of $21 million British Airways Employees Federal Credit Union voted "overwhelmingly" to approve a merger into $440 million SkyOne Federal Credit Union, based here.

Student sales associates at NE PA Community Federal Credit Union are doing more than learning about working for a credit union--they are also teaching the credit union’s executives how to use new technologies.

While debate continues over whether credit union “volunteers” should be paid, a study reveals the lengths to which many CUs are already compensating their volunteer board and committee members, even without formally paying them.

Affinity Group Credit Union announced that it has changed its name to Michigan Legacy Credit Union, effective Tuesday.

Maps Credit Union has partnered with Western Oregon University to incorporate Biz Kid$ into the College of Education’s curriculum, thanks to a grant the CU received from the National Credit Union Foundation.

Heritage Trust opens two student-run branches and other great things credit unions are doing in their communities.

The proposed merger of $102 million United Health Services Credit Union into $716 Horizon Credit Union received 89% member approval.

The member credit unions of both the Kansas Credit Union Association and Missouri CU Association on Tuesday voted to unite to form a new entity to be known as Heartland Credit Union Association and Shared Financial Solutions.

As its merger with Houghton Mifflin Harcourt Employees FCU closed on Oct. 1, Hanscom FCU gained more than 1,000 new members.

SEATTLE — Tiny Northwest Baptist Federal Credit Union on Friday merged into $633 million Seattle Metropolitan Credit Union. The combined credit union will hold $635 million in assets and serve 45,000 members with a total of 7 branches throughout the Greater Seattle area.

Bonus dividends offer positive PR opportunities, but only a relatively small number of credit unions issue them, according to a study by credit union consultancy Callahan & Associates.

NEW YORK — The National Federation of Community Development Credit Unions announced the expansion of Juntos Avanzamos (Spanish for "Together We Advance"), a designation for credit unions committed to serving and empowering Hispanic consumers.

Hudson River Teachers Federal Credit Union, a $51-million institution based in Mohegan Lake, N.Y., has changed its name to Hudson River Financial Federal Credit Union, effective immediately.

United Educational Credit Union, a $123-million institution based in Battle Creek, Mich., announced it will re-brand itself as "BlueOx Credit Union," effective January 1, 2016.

One CEO sums up industry frustration this way: 'Why ask the hard questions if you ignore the tough answers?'

The Virginia credit union's website offers concrete reasons for becoming a CU member instead of a bank customer.