DES MOINES, Iowa-It's time for transformational-not incremental-change, and that will be the biggest issue facing credit unions during their strategic planning sessions, according to The Members Group.

WASHINGTON-In light of recent audit reports, credit unions must take a more proactive role in monitoring NCUA's fund management, according to two analysts. "It's a collective responsibility we have here. You didn't ship money off to Washington to just let NCUA figure out what to do with it," said Callahan & Associates co-founder Chip Filson.

SAN DIEGO-Give John Tippets credit: he is not willing to take a bow if he feels he has not earned it.

August

NEW YORK-Could a regulatory model currently in place in Canada also work in the U.S. by helping to reduce the regulatory burden on small credit unions?

NEW YORK-Contrary to what many might have expected, community development credit unions have continued to hold their own during the worst recession since World War II, a new study reveals.

ALEXANDRIA, Va.-Audited financials for NCUA's year-old Temporary Corporate CU Stabilization Fund shows the corporate bailout fund ended 2009 with liabilities of just under $7 billion, or almost $1 billion more than projected when the fund was created last year.

New Assault Launched On Card Interchange Changes

CHICAGO-Credit union leaders should increasingly expect their salaries will be tied directly to the performance of their CU-not that they'll be seeing pay increases in coming years.

WASHINGTON-The Senate was expected to add an amendment to the jobs bill providing $30 billion in low-cost funding to community banks, but the bankers apparently have succeeded in blocking an amendment that would raise the cap on CU member business loans.

Corporate One, Sallie Mae Team Up

CHICAGO-The average credit union closes five mortgage loans per employee per month. But the most productive CUs close more than triple that number: 17-per month.

White Paper On Business Services

ALEXANDRIA, Va.-The NCUA Board, acknowledging mounting credit union losses, proposed restrictions last week on executive compensation packages for managers of troubled credit unions.

Numerica CU, Spokane Valley, Wash., recently added six new home loan professionals to its home loan department. They are Robert Helgesen, Adrian Smasne, Bill Bolton, Grant Kuwada, Rudy Duenas and Lorenzo Araujo.

HARRISBURG, Penn.-As many credit unions struggle to find revenue sources to keep pace with assessments and regulation, Pennsylvania State Employees CU is enjoying its best year ever in terms of net earnings.

SAN FRANCISCO-Financial institutions are responding in two ways to the advent of Regulation E and the resulting loss of revenue in overdraft fees and other revenue: through other "gotcha" fees and by positioning themselves as having the consumer's "back" using mobile services.

ALBANY, N.Y.-Among the CDCUs that have performed well through the recession is Alternatives FCU here.

CHICAGO-During NAFCU's 43rd Annual Conference at Navy Pier, Credit Union Journal asked attendees for their stance on recapitalizing the corporates.

LAS VEGAS-A credit union pioneering a no bricks-and-mortar, online-only strategy believes other CUs will need to look to the same model.