Corporate governance

CUs posted incremental growth in a number of fields in April, with lending, membership and other areas seeing continued increases, according to a new CUNA Mutual report.

While hosting its second annual community carnival at its Hilliard branch last week, Credit Union of Ohio used the occasion to unveil a new logo and refreshed website.

Prospera Credit Union said it soon will temporarily be managing daily operations for University of Wisconsin-Oshkosh Credit Union, based 20 miles away in Oshkosh, Wis., while the $25 million CU seeks a new president.

To reach more younger members, First Capital FCU sent an area high school student to prom — paying for her tickets, limo and more — in the culmination of an academic year that included the launch of its Youth Financial Advisory Board for high school students.

Golden 1 Credit Union inked a deal with the Sacramento Kings to secure naming rights over the National Basketball Association team’s new entertainment and sports center.

As new data continues to be released on how financial institutions can best position themselves to attract the millennial market, a recent study from Saylent found that members of Generation Y place a high importance on being able to manage their own money.

Credit unions aren’t the only financial services firms reaching out to millennials. A new social media campaign by Fifth Third offers recent college graduates free one-on-one career counseling. The initiative is part of a trend of banks allocating marketing dollars to unusual perks and charitable giving to differentiate their brands.

High school graduation is both a rite of spring and a rite of passage — but it's also a key time to be reaching out to these new adults, many of whom will be opening their first checking account. Learn how three credit unions are using everything from sweet treats to sarcasm to appeal to the next generation of credit union members.

CHICAGO — The Chicago Patrolmen's Federal Credit Union has added about 1,600 new members so far this year — but many of them are not from the Windy City, or even anywhere in Illinois.

The National Credit Union Foundation will host a conversation on Twitter to help credit unions implement financial-wellness programs for their own employees.

CO-OP Financial Services has named the winners of its THINK Prize 15, the first time that winners were named in five categories, instead of just one overall winner.

HAUPPAUGE, N.Y. — Hudson Valley FCU here has launched a new brand to better reflect the credit union's connection to consumers and businesses it serves throughout upstate New York.

CO-OP Shared Branch has overtaken Bank of America in number of branches, and now is the third-largest network of financial institution branches in the United States, according to data drawn from the FDIC.

The latest CEO Confidence Survey by Catalyst Corporate Federal Credit Union found credit union CEOs are feeling "less certain" about their institutions' current financial condition than they have since 2008.

WyHy Federal Credit Union and Western Vista Federal Credit Union have formed a managing CUSO known as UProsper Services Group, LLC, which they said will allow the CUs to collaborate as equal partners on a number of joint ventures.

SEATTLE — If you don't know the meaning of the word "verity," that may change soon, thanks to a campaign from Verity CU here that uses local bands and artists to boost brand awareness at the $454 million credit union.

Serving a single sponsor that is, itself, legendary for its customer service — and scattered all across the U.S. — means Nordstrom FCU has to be at the top of its game.

One year after hitting the 100-million member mark, savings at credit unions have surpassed $1 trillion for the first time in history.

Southland Savings Federal Credit Union, Buena Park, Calif., will merge into $935 million Financial Partners CU effective Monday, the two CUs said.

The members of $196 million Lake State Credit Union, Moose Lake, Minn., gave a green light to merge their CU into $429 million Members Cooperative Credit Union, here.