Credit unions

NCUA Chairman Mark McWatters has written a letter to a House Financial Services Committee member defending the agency’s use of a contingency arrangement to recover funds lost during the corporate credit union crisis.

Lake Michigan Credit Union’s deal for Encore Bank would give it a total of 10 branches on the Florida Gulf Coast.

With lawmakers reportedly looking into NCUA’s $1 billion legal bill, some members of the NCUA board behind that arrangement say they’re unsure what exactly legislators are hoping to accomplish.

On March 31, 2017. Dollars in thousands

On March 31, 2017. Dollars in thousands

On March 31, 2017. Dollars in thousands

Teaching leadership to millennials, lessons from the vacuum cleaner industry, the competition from fintechs and more.

At the 40th Directors and CEOs conference, praise from a legendary journalist, reflections from the NCUA board, lessons in 'love' and more.

CFS and its sister company, Sorrent Pacific Financial, will retain their current leadership but be owned by Atria, a newly formed modern wealth-management holding company.

Republican members of Congress are pressing the regulator for details on the high attorney's fees it has incurred in its quest to recover losses from the corporate credit union collapse.

The ranks of mutually owned banks are in decline. Survivors say sharper marketing, better access to capital and lower barriers to entry could stop the bleeding.

The CUSO has added a total of seven new owners so far in 2017.

After having insisted many times that it couldn't begin returning funds to CUs until 2021, the agency may have found a way to start making payments as early as 2018.

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.

PSCU will provide processing and support services for 55 Corporate One CUs, representing nearly 100,000 cards and accounts.

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

A recent op-ed got it wrong when it questioned the National Credit Union Administration’s actions to modernize credit union field of membership rules.

The addition of these four credit unions brings the number of CUs served by the CUSO to nearly 200.

The nation’s largest state set out to bring a once-illicit industry into the financial mainstream but is now running into a Washington, D.C.-size barrier.

Expanding the definition of a credit union's "common bond" so that it is essentially meaningless appears to be the direction the industry and its regulator are headed.