Corporate governance

HARRISBURG, Penn. – The Pennsylvania CU Association is teaming with the Pennsylvania Cable Network on a four-part series on financial education.

MADISON, Wis. – The National CU Foundation is offering $125,000 in Biz Kid$ Financial Education Grants to fund innovative programs that extend the reach of public TV’s Biz Kid$ program.

MARLBOROUGH, Mass. – St. Mary’s CU said this afternoon it hired James Garvey, the president of Borel Private Bank and Charter Private Bank, as president and CEO of the $600-million credit union.

ST. PAUL, Minn. – In an unusual transaction, Affinity Plus FCU said this morning it has agreed to acquire the local branch and 4,300 member accounts of Illinois-based Oak Trust CU.

BETHPAGE, N.Y. – Bethpage FCU is organizing 150 IRS-certified volunteers, including bilingual tax preparers, to help low-income New Yorkers prepare and file their 2012 income taxes at 12 of its Long Island branches.

NEW BERLIN, Wis. – Fast-growing Landmark CU, just off its fifth merger in the past two years, has agreed to acquire Badger Campus CU, a $13-million credit union that formerly served employees of the University of Wisconsin and several of its offshoots.

There's too much at stake this year not to aggressively promote debit cards to members, asserts CSCU.

evolve FCU here is creating a group of young adult "brand ambassadors" to help increase awareness of the credit union in the community.

Lost among all the talk of growth strategies credit unions are or should be implementing is the fact CUs in some areas of the country are simply striving to eke out a small net income.

2013 will most likely be a "mixed year" for $7.9-billion The Golden 1 Credit Union, but it will be an improvement from 2012.

The pinch of the recession was barely felt at $5.7-billion San Diego County Credit Union, which has followed a small loss in 2008 with four straight years of solid income-with more expected in 2013.

For $669-million One Nevada Credit Union, the omnipresent watchful eye of "Big Brother" is a good thing.

An open core system that allows credit unions to easily add and share new functionality is not only key to individual CU growth this year, but to the entire credit union community as well, asserts Open Solutions.

For $2.1-billion Redwood Credit Union the recession did not bring the kinds of losses than plagued many CUs, but it did knock a hole in its normally robust lending portfolio.

Credit unions of all assets and locations share one thing in common: it's imperative that they grow. That's why Growth will be the only item on the agenda at Credit Union Journal's Grow Show 2013, which is now set for May 30-31 in Orlando.

One person believes that home equity lending could be a major boon for credit union growth in the new year.

The sentiments behind Bank Transfer Day is still out there, and $746-million Xceed Financial CU intends to tap it.

Mission Federal Credit Union has launched "Mission Fed Money Match," a program that matches the dollar amount of winning members' loan payments, debit or credit card purchases, or direct deposits, up to a certain amount per transaction type.

DULUTH, Ga. – Georgia state regulators approved a bid by Georgia United CU, formerly known as DeKalb County Teachers FCU, to serve all 700,000 residents of DeKalb County.

BOSTON – The Federal Home Loan Bank of Boston announced this morning it has awarded a $400,000 grant to Coventry CU to help developers build a 40-unit affordable housing project in Coventry, R.I., one of 48 grants awarded by the FHLB.