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TAMPA, Fla. Fast-growing Grow Financial FCU said this morning it plans to open three branches in South Carolina this year and next and as many as 15 branches in the future in the Palmetto State, where it sees a fertile market.
February 12 -
FARMINGTON HILLS, Mich. John Burnell, former board chairman and director for more than 30 years at Community Choice CU and its predecessor, passed away.
February 11 -
POCATELLO, Idaho A former teller at Westmark CU on Friday pleaded guilty to one count of embezzlement by a credit union employee after she admitted to taking about $23,625 from member accounts.
February 11 -
LEAVENWORTH, Kan. Frontier Community FCU has signed with MShift for mobile banking services, including mobile browser banking and downloadable apps for iPhone, and Android, through a partnership with MShift and CSCU.
February 11 -
BURLINGTON, Vt. Vermont FCU has purchased a long-vacant property in Middlebury, Vt., that used to house a branch of Chittenden Bank.
February 11 -
NOTRE DAME, Ind. Notre Dame FCU said its promotion to save members money by transferring their existing credit card loans to a Notre Dame FCU Visa Platinum credit card at 0% for six months and 7.9% thereafter attracted $3.2 million in new loans.
February 11 -
BASKING RIDGE, N.J. Affinity FCU has chosen INVEST Financial Corp. to provide its members with brokerage and investment services.
February 11 -
OMAHA, Neb. Credit unions in Nebraska are getting ready to celebrate their first Save to Win savings sweepstakes with the choosing of the $25,000 grand prize winner.
February 11 -
TOPEKA, Kan. The longtime CEO of a tiny rural credit union who said she stole from the credit union to save the family farm has been sentenced to three years in prison.
February 11 -
WASHINGTON Sparks are expected to fly Thursday when Richard Cordray, director of the Consumer Financial Protection Bureau, and several bank regulators are scheduled for a hearing before the Senate Banking Committee on the progress of the Dodd-Frank Act just as Cordrays future at the fledgling agency is in question.
February 11 -
MERIDEN, Conn. The CU League of Connecticut will not be open today, and not because Tony Emerson and staff did not want to try.
February 11 -
WASHINGTON NCUA told a congressional committee that a government-wide ban on contingency legal arrangements does not apply to suits it has brought against Wall Street banks over the failure of the corporate credit unions because as liquidating agents for the corporates it is not acting as a government agency.
February 11 -
ONTARIO, Calif.-The California league and CURoots Cooperative are in discussions to transfer ownership of CURoots to the California League Services Corp.
February 11 -
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ALEXANDRIA, Va.-NCUA has issued prohibition orders against:
February 11 -
Three employees of Central Missouri Community CU recently raisedn money for a local nonprofit, HELP Services, by participating in a Polar Bear Plunge at Carrollton Recreational Lake.
February 11 -
MADISON, Wis.-The Filene Research Institute has released a new report that urges CUs to engage members through tablet and smartphone apps and to stay abreast of those devices' adoptions.
February 11 -
Membership growth slowed in December from its record pace, but not until credit unions across the nation added a near all-time best of about 2.4 million members for 2012, according to preliminary estimates by CUNA.
February 11 -
It can be easy to show good numbers following a merger, especially if absorbing a small credit union. What takes more work is creating a culture to hit those numbers organically.
February 11 -
For small to medium-size credit unions, whether to pursue a merger is an ongoing discussion. One person with a lot of experience in that arena reports that mergers have certainly made easier the job of driving growth.
February 11
