Corporate governance

SEWICKLEY, Penn. – Members lined up Friday for PA HealthCare CU’s “Perfect 10” CDs, celebrating 10-10-10 $1,010, 10-week CD paying 10% APR.

Numerica Credit Union is reaching out to young members and potential members with a new website that offers financial tips and a chance to win a cash prize through a video contest.

Last year Co-op Services CU learned an important lesson about randomly giving away $100 bills to local residents.

EL PASO, Texas – GECU, formerly Government Employees CU, has applied to state regulators to expand its field of membership over state lines to serve the New Mexico counties of Dona Ana and Otero.

CEFCU had a stellar 2009 and continues to prosper in the first half of 2010, earning it a spot on the Credit Union Journal Leader Board.

SPRINGFIELD, Ore. – Northwest Community CU and Mid Oregon FCU in Bend have announced plans to merge.

LINTHICUM, Md.-Given consumers' mistrust of banks and often a lack of knowledge about credit unions, SECU here decided it's time to get straight to the point about the CU difference.

CHANTILLY, Va.-After a hard day at the office or in the field, Justice FCU doesn't want its members fretting over financial decisions.

FAIRFIELD, Conn. – Fairfield University Employees CU can finally serve students at the university after merging into larger Personal Care CU, based in nearby Trumbull, Conn.

VIENNA, Va. – With Navy FCU’s agreement to merge with San Diego’s USA FCU, the world’s largest credit union will acquire 19 new branches, 11 of them overseas, in the biggest credit union deal yet for international branches.

RUSSELLVILLE, Ark.-The only way many small CUs will generate enough ROA to stay in business is to increase unrelated business income, according to one small credit union CEO.

EMBROKE PINES, Fla. – Power Financial CU is the latest credit union to expand into the underserved Florida Keys, a 160-mile long string of islands south of Miami connected by a single causeway.

WORCESTER, Mass. – Webster First FCU recently opened a branch in the Compare Foods neighborhood supermarket to serve residents of the city’s burgeoning Hispanic population.

WASHINGTON – Capital-area credit unions kick off the fall phase of their cooperative advertising campaign Sept. 20 with a multi-faceted online effort aimed at young adults.

BROOMALL, Penn. – Franklin Mint FCU, which has branches in nine area hospitals, will extend its reach into the region’s hospitals with a deal to acquire Main Line Health Employees FCU, a $52 million credit union which serves employees at three local hospitals.

LAS VEGAS – Utah credit union giant America First CU said Friday it has converted all five branches of Community One FCU, about one year after assuming operations of the one-time $180 million credit union failure.

CHICAGO – Alliant CU, a one-time credit union for United Airlines, flew into new markets in Arizona, Texas and Southern California with an agreement to acquire ailing Continental FCU, the credit union for Continental Airlines and US Airways.

At a time when most financial institutions are tightening credit standards, Sally Boyer is taking more chances on members who stop by her Michigan State University FCU branch for a loan.

SCHINNEN, The Netherlands — Running an overseas branch of Andrews FCU has advantages over heading an AFCU office stateside — you don't have much competition.

The recession has shown Debbie Lawson, branch manager for the east Tampa location of the $5.3-billion Suncoast Schools FCU, the resiliency of members-as well as their shortcomings.