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MADISON, Wis.-The Credit Union Executives Society has named Charles E. "Chuck" Fagan as its new president and CEO, effective Jan. 3 2013. Fagan will replace the retiring Fred Johnson, who has led the organization for the past 23 years. Fagen is currently executive vice president of PSCU, St. Petersburg, Fla.
October 18 -
ALEXANDRIA, Va.-Two months after NCUA informed 1,003 federal credit unions of their eligibility to become a low-income credit union (LICU), 676 federal credit unions have accepted, bringing the total list of LICUs to 1,874, the agency said.
October 18 -
SAN JOSE, Calif.-Robert Marinace, who successfully helped lead the charge against Technology CU's proposed conversion to a bank charter died Oct. 14. He was 84.
October 18 -
INDIANAPOLIS – Servicecorp, a subsidiary of the Indiana CU League, said its Credit Union Card Center (CUCC) is now offering 24/7 call center support for credit union clients every day of the year except Thanksgiving, Christmas and New Year’s Day.
October 17 -
PHOENIX – Two robbers dubbed the “Run-N-Gun Bandits” are suspected of hitting two branches of Desert Schools FCU here.
October 17 -
ALEXANDRIA, Va. – NCUA and the Massachusetts Division of Banks have entered into a Letter of Understanding and Agreement (LUA) with $2.1-million Lynn Municipal Employees Credit Union, requiring it to take steps to correct unsafe and unsound practices.
October 17 -
RACINE, Wis. – Educators Credit Union here has joined a local initiative aimed at spurring energy savings projects by small business.
October 17 -
BIRMINGHAM, Ala./TALLAHASSEE, Fla. – The League of Southeastern Credit Unions, CUES, and the Michigan CU League said they will partner in 2013 to help increase CU collaboration.
October 17 -
LAS VEGAS – One Nevada Credit Union continues to show a robust turnaround.
October 17 -
CHARLOTTESVILLE, Va. – A new study from SNL Financial has found Wells Fargo continues to lead deposit-taking institutions in the U.S., thanks in large part to its acquisition of Wachovia in 2008.
October 17 -
WASHINGTON – Although the Consumer Financial Protection Bureau appears close to a compromise over key mortgage underwriting rules, the agency’s attempts to appease both banks and consumer groups could backfire, according to several analysts.
October 17 -
RICHLAND, Wash. – Gesa CU is paying $1 million to help rebuild a historic carousel here and in return will receive the naming rights for the merry-go-round for the next 12 years.
October 17 -
LAS VEGAS – The best practice employed during a 2010 merger of $177.4-million Metro 1 CU into $1.6-billion Travis CU, Vacaville, Calif., was “communication, communication, communication.”
October 17 -
WASHINGTON – Credit unions continue to experience substantial membership growth, as well as an improved retention rate, in the wake of the November 2011 Bank Transfer Day, according to a new survey by the National Association of Federal Credit Unions.
October 17 -
MADISON, Wis. – Today marks International Credit Union Day around the globe, part of International Credit Union Week this week.
October 17 -
MADISON, Wis. – CUNA Mutual Group has launched what it is calling an “ambitious” direct-to-consumer campaign aimed at raising awareness of the consumer brand “TruStage.”
October 17 -
RANCHO CUCAMONGA, Calif.- CO-OP Financial Services this morning said it has reached an agreement with the SHAZAM Network to allow members of participating credit unions to access surcharge-free and shared deposit ATMs nationwide.
October 17 -
BIRMINGHAM, Ala. – Credit card delinquencies for five major credit card issuers increased in September, according to LowCards.com.
October 16 -
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.
October 16 -
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.
October 16