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AUSTIN, Texas – The Texas CU Division denied an application from Resource One CU, a product of six mergers, to cover a huge swatch of territory covering more than five million people in Harris, Collin and Denton counties.
July 8 -
SIOUX FALLS, S.D. -- Sioux Empire FCU has expanded its field of membership to include residents in McCook or Turner counties.
July 8 -
PANAMA CITY, Fla. – Bay CU said Friday it named Ray Crisp, a former chairman of its board, as president and CEO of the $70 million credit union.
July 8 -
MOLINE, Ill. -- IH Mississippi Valley CU is opening a new branch in nearby Galesburg tomorrow that eliminates the traditional teller line and replaces it with several benefits of technology.
July 8 -
TORONTO – The Finance Ministry last week proposed regulation that would allow credit unions to be regulated at the national level and to operate across Canada and beyond their current provincial boundaries.
July 8 -
SAVANAH, Ga. -- The Georgia Department of Banking and Finance demanded that the so-called Georgia Entertainer's Credit Union stop claiming to be a state-chartered credit union based in Smyrna, Ga., according to a cease-and-desist order made public Friday.
July 8 -
NORWALK, Conn. – Credit unions and other entities will have to disclose more about the risks they may face in meeting their financial obligations and in dealing with changes in interest rates under a proposal issued by the Financial Accounting Standards Board.
July 8 -
INDIANAPOLIS -- An Evansville real estate developer was charged in a federal indictment unsealed Friday with defrauding local lenders of more than $10.8 million in loans financing the River House project in downtown Evansville, including almost $5 million in member business loans he arranged from Centra CU.
July 8 -
ALEXANDRIA, Va. – NCUA announced Saturday morning the completion of its liquidation of WesCorp FCU, marking the end of the most costly failure in credit union history.
July 7 -
Famed business guru and author Tom Peters offers insights to credit unions.
July 6 -
While debate persists over whether the new corporate structure affords the credit union community greater investment safety, discussion continues regarding the viability of the new marketplace.
July 6 -
CEO of Mid-Atlantic FCU and Victor Vrigian, Jr. share their views on changes in risk and regulation.
July 6 -
Large credit unions have a real opportunity to assist their smaller counterparts as they begin the process of implementing the new healthcare law according to Suzanne Oliver, SVP of educational services with Mountain America CU.
July 6 -
MUSKEGO, Wis. – Corporate Central CU announced this afternoon it is now offering its member credit unions access to the Federal Reserve’s discount window through a new correspondent arrangement with the central bank.
July 6 -
PHOENIX – A federal court yesterday dismissed a suit by a Yuma developer who claims AEA FCU, which is now being run under conservatorship by NCUA, illegally foreclosed on three of his properties that were financed as part of a massive member business loan fraud.
July 6 -
WEST PALM BEACH, Fla. -- Due to the number of requests for extensions, Credit Union Journal has extended the deadline for entries for its 2012 Best Practices Awards to July 9.
July 5 -
REDDING, Calif. – Members 1st CU has partnered with Sallie Mae to offer its members private student loans through Sallie’s Smart Option Student Loan program.
July 5 -
EUREKA, Calif. -- Coast Central CU has launched Fiserv’s Popmoney person-to-person payment service.
July 5 -
MOOSE LAKE, Minn. – Lake State FCU, with $184 million in assets, has signed with INVEST Financial Corp. to provide its members with brokerage and investment services.
July 5 -
TUSCALOOSA, Ala. -- Tuscaloosa CU is backing a program to help home buyers with poor credit realize their dreams of home ownership, following the departure of the big banks from the local mortgage market.
July 5