Corporate governance

MIAMISBURG, Ohio – State regulators have approved a request from River Valley CU to add 140,000 residents of Clark County to its field of membership.

CHELSEA, Mass. – Metro CU has joined five other Chelsea-based organizations to launch CONNECT, a new initiative to bring bundled financial stability services to the city’s low-income residents from a central location.

LEXINGTON, Ky. – University of Kentucky FCU has been dressing up city billboards, in-branch signs, postcards and buttons with a big kiss – and the tagline “lipstick on a bank.”

NEWPORT NEWS, Va.-Chalk up Bayport CU here as another CU that has found success with the slogan "Ditch Your Bank."

FEDERAL WAY, Wash.-Giving free coffee to morning commuters at a transit center here meant a pre-dawn awakening for the staff of Woodstone Credit Union, but Regina Aldridge said the payoff was worth it.

LINCOLN, R.I. – In an unusual deal, Navigant CU plans to open a second branch in Lincoln this year at what is now a Coventry CU service center, acquiring Coventry members who use the branch as part of the exchange.

NEW HAVEN, Conn. – Three credit union organizations have received funding from Innovations for Poverty Action under the anti-poverty group’s U.S. Household Finance Initiative.

FITCHBURG, Mass. – Workers’ CU said it is offering free checking in Massachusetts for members or new members.

CHARLOTTE, N.C. – Charlotte Metro CU took on the big banks and their fees with a local TV ad during Sunday’s Super Bowl, its third-annual foray into the year’s largest televised event.

PLEASANTON, Calif.-It's been 100 days since Bank Transfer Day, and newly released data indicate that as many as 5.6-million Americans have changed financial institutions in recent months.

LOMBARD, Ill.-There is no shortage of strategies being rolled out in the wake of Bank Transfer Day.

SHOREVIEW, Minn.-Many credit unions entered 2012 with a wealth of new members as a result of Bank Transfer Day. But one person is advising CUs not to just lump those new members in with the rest after the first 90 days.

MADISON, Wis.-The record number of new members joining credit unions in the last six months has only increased the importance of using identity-verification services.

HOLLYWOOD, Calif.-The Bank Transfer Day membership boom has now given way to an increasingly important issue: can credit unions, in the face of an influx of new members, continue to provide a high level of service?

VENTURA, Calif.-Bank Transfer Day still has not stopped for $542-million Ventura County Credit Union, prompting it to query the new members to determine where they previously did their banking.

PLEASANTON, Calif.-The news is mixed for CUs when it comes to consumers' views in the wake of Bank Transfer Day.

WOODLAND, Calif. – Yolo FCU announced it will host a special challenge to help save the community $1 million in loan interest by June 30.

MIDLAND, Texas – Melinda White was chosen as the winner of the My Community FCU’s promotional loan payoff, up to $20,000.

MADISON, Wis.-Despite increasing usage of online bill-pay and the rise of mobile wallet and P2P payments, one person told Credit Union Journal an old threat remains as big a concern as ever.

BOULDER, Colo. – Elevations CU was awarded a 10-year contract to provide banking services to students, faculty and staff at the University of Colorado’s Boulder Campus.