When Webster First FCU absorbed Filene FCU earlier this year, it capped off a series of four mergers in less than seven months, a process that has grown the CU's membership and assets, and allowed it a foothold into new markets.

NCUA Webinar On Loan Workouts

You don't need to look far in credit unions for an example, beginning with the words "credit union."

Is it time to decouple the "M" in CAMEL ratings from the other components of CAMEL?

Today overdrafts (OD) are big business and tens of millions of users view ODs as both another checking operating cost and a safety net to help manage their financial affairs.

Mike Parsons, president and CEO of First Source Federal Credit Union and NAFCU Chair, discusses why credit unions should get involved.

LOS ANGELES – Lawyers for two members of Educational Employees FCU agreed Friday to voluntarily dismiss an overdraft suit they brought against the Fresno credit union, as the plaintiffs’ bar’s case against credit unions appears to be dissolving.

EAST WINDSOR, N.J. – McGraw Hill FCU’s annual golf tournament raised more than $50,000 for the VOICE Foundation, which supports voluntarism, outreach, involvement, community and education.

HONOLULU – An elderly employee for an armored car company is accused of grabbing handfuls of cash for himself from Hickam FCU ATMs he was in charge of filling with money.

WATERVILLE, Maine – HealthFirst FCU has hired Lynda Quirion as president and CEO of the $17-million credit union.

WEST LAFAYETTE, Ind. – Purdue FCU has rolled out a new debit card design for Harrison High School students, parents, staff and fans that features a lightning bolt, the Harrison mascot.

ALBANY, N.Y. – SEFCU, formerly State Employees FCU, will announce a $500,000 gift to St. Peter’s Hospital’s capital campaign this morning.

CLEARWATER, Fla. – Achieva CU, formerly known as Pinellas County Teachers CU, is opening its first branch in nearby Hillsborough County.

TAMPA, Fla. – Suncoast Schools FCU, a credit union giant that teetered during the financial crisis, is putting its stamp on a financial rebound with plans to open a new branch this week, one of two for the coming months.

PITTSFIELD, Mass. – A teller at Greylock FCU last week was indicted on charges she stole about $200,000 from the credit union, the second Greylock teller charged with theft this year.

WASHINGTON – NCUA on Friday issued a report to the Senate Banking Committee defending the agency’s opposition to proposed legislation that would create a new examinations appeals process and a national Ombudsman where dissatisfied credit unions and banks could appeal their regulators’ examination findings.

In a big election year such as this one, the actual legislative cycle gets truncated and the noise generated by all the campaigning can make it look like a time when nothing is getting done.

ST. PAUL, Minn. -- Jurors returned guilty verdicts yesterday against four leaders of a wide-ranging identity fraud ring based in the Twin Cities that bilked about $2 million from credit unions, banks and retailers across 14 states.

CERRITOS, Calif. – POPA FCU, the credit union for the Peace Officers Professional Association, has hire Raymond Bartus, who has been serving as interim CEO, as permanent head of the $180 million credit union.

LOS ANGELES – A federal judge ruled yesterday that a so-called tolling agreement between NCUA and Goldman Sachs & Co. in August 2010 allowed the credit union regulator to extend the statute of limitations on securities claims against the Wall Street bank and so refused to dismiss NCUA’s $1.1 billion claims over the failures of U.S. Central FCU and WesCorp FCU.