Corporate governance

In the 12 months ending June 30, CUNA said its analysis indicates credit unions added 2.1 million new members.

It's been a year since Bank Transfer Day, a Facebook posting that went viral and helped drive record membership growth at credit unions.

HARRISBURG, Penn. -- Shooting for a new series of television commercials for Pennsylvania credit unions’ successful iBelong TV campaign, funded with a $160,000 contribution from the Pennsylvania CU Association’s Pacul Services, wrapped up last week.

SEATTLE – Members of Prevail CU yesterday approved the combination of their credit union into Lakewood-based Harborstone CU, creating a $1 billion credit union serving 69,000 members at 17 branches across the state.

BOULDER, Colo. – State regulators approved a request from Elevations CU, the state’s fifth largest credit union, to more than double its field of membership by adding 750,000 residents of Adams and Larimer counties.

DALLAS – One lucky member of Neighborhood CU hit the lottery on last week’s International CU Day—winning the credit union’s $10,000 quarterly savings prize.

QUINCY, Mass. -- Bridgewater CU’s Community Team surprised more than 550 passengers Friday on Boston’s commuter train, known here as the “T,” with a free ride.

MADISON, Wis. – Credit unions would do best to target certain non-essential fees to boost their non-interest income to help maintain member goodwill and add to their bottom lines, a new study issued yesterday by the Filene Research Institute advises.

PROVIDENCE, R.I.—Delaying implementation of online account opening could be sacrificing the CU's future profitability, according to a new Andera study.

"Cash mobs" in Ohio continue to be a way for CUs to support local small business and demonstrate the credit union difference.

A new study from the Filene Research Institute indicates that SaveUp-a financial education and savings rewards program piloted by several CUs earlier this year-has raised financial awareness and helped participating institutions deepen relationships with members.

First Capital FCU has rolled out a program designed to bolster the bottom line while also promoting self-sufficiency and deeper relationships at the credit union.

CHARLOTTESVILLE, Va.—Despite an improving asset quality profile for the sector, a handful of credit unions are still struggling with high levels of nonperforming assets, according to analysis by SNL Financial.

VERNON HILLS, Ill. – BCU here has teamed up with TD Ameritrade to provide self-directed online investing services at special preferred rates to members who “feel comfortable with, and want to make their own investment decisions,” according to the credit union.

WICHITA, Kan. – Nine Kansas credit unions gave away gift cards or free gas to unsuspecting consumers as part of the Kansas CU Association’s first statewide “Make A Difference Day” event in tandem with International Credit Union Week.

TALLAHASSEE, Fla. – When U.S. Senator Bill Nelson (D) and his challenger for his Senate seat, Rep. Connie Mack IV (R) debate later tonight on a broadcast airing in Florida, TV viewers will learn about the CU difference.

N. CHARLESTON, S.C. – Credit unions in South Carolina are celebrating “Every Day is Bank Transfer Day” throughout this week on IWearYourShirt.com.

GALVESTON, Texas – Credit unions in the Houston and Galveston markets are staging a week’s worth of joint events to raise awareness of credit unions during International Credit Union Week.

SOUTHFIELD, Mich. – Credit unions across Michigan are planning a “cash mob” on Thursday to mark International Credit Union Day that is being dubbed “CU Lunch Local.”

HUNT VALLEY, Md. – Atlantic Financial FCU has added the Maryland Horse Breeders Association as a select employee group.