The question is no longer if, but when all U.S. issuers and acquirers will be required to be EMV compliant. Credit unions should take this opportunity to be proactive and invite EMV into their organizations.

The early-adopters of indirect and sub-prime lending learned their lending lessons; you need to learn investing as you go and continue to expand your knowledge.

IDAHO FALLS, Idaho – East Idaho CU has hired Brad Bauges, chief operating officer for Washington’s Columbia CU, as president and CEO of the $270 million credit union.

LANCASTER, Penn. – Four local credit unions have signed on to a new city program aimed at outreach to the area’s unbanked population.

COLORADO SPRINGS, Colo. – Ent FCU, a community charter with several air force bases in its field of membership, has created a new position of Military Relationship Manager who will work closely with military base service centers at Peterson, Buckley and Schriever Air Force bases to expand the credit union’s relationship with military members.

LATHRUP VILLAGE, Mich. – Michigan First CU said Friday it signed with Corelation to implement the company’s core processing solution, the San Diego-based company’s biggest credit union win so far.

WASHINGTON -- Regulators closed two small banks in Georgia and one each in Florida, Kansas and Illinois on Friday, making 38 bank failures so far in 2012.

RICHARDSON, Texas – Texans CU, the one-time $2 billion credit union run under NCUA conservatorship for the past year, reported an $11.7 million net for the first six months of 2012, as NCUA was able to slash its provision for loan losses by 93%, to just $1.3 million.

VENTURA, Calif. -- Ventura County CU has a goal of saving its members a total $5 million in 2012 by helping members refinance their high-interest car, home, Visa or personal loans.

TUKWILA, Wash. – A Russian hacker was arrested last week on charges of attacking Amazon.com and Priceline.com websites and possessing credit card data for more than 28,000 accounts for Boeing Employees CU members.

CLEVELAND – A federal judge last week directed NCUA to provide thousands of pages of documents related to the 2010 failure of St. Paul Croatian FCU, the largest fraud in credit union history, to the biggest clamant in the liquidation.

We made two changes as the result of the recent recessions. First, we brought our first mortgage program in house. Second, we implemented a high-yield lending strategy.

Sally Hogshead offered three examples of how credit unions can harness primary triggers and be "fascinating" to members or potential members

Credit Union Journal filed a Freedom of Information Act request with NCUA on Dec. 11, 2011 and as part of that request asked for minutes from NCUA board meetings from January 2007 through September 2011, in which WesCorp/Western Bridge was discussed.

Expense management is the name of the game at Tampa Bay FCU, and a focus on cost control was a major lesson the credit union learned as part of the recession.

Credit unions that stayed the course with underwriting-never moving to any extremes before, during and after the recession-are benefitting today, asserts Tommy Cobb, CEO of Tuscaloosa CU.

The recession forced TCT FCU to reverse its business philosophy of spending money first on branch staffing and member support and second on upper management.

Pennsylvania State Employees CU has learned that during a recession the credit union can't get too defensive and cut back in key growth areas.

Scott Wilson, CEO SeaComm FCU, acknowledges that sharpening in-house investment expertise is a big after-effect of the recession.

We've managed costs efficiently and kept net operating expenses low. Those measures, and our conservative approach to managing the credit union proved to be the proper philosophy during the current economic downturn.