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PALATKA, Fla.-Frustrated by the burdens of high unemployment and the lingering fallout related to the financial crisis, the CEO of a low-income credit union here is appealing to Congressional leaders and President Obama for help.
March 29 -
SACRAMENTO, Calif.-Terry Halleck, president and CEO of The Golden 1 CU, Sacramento, Calif., said she does not believe credit unions have any special immunity when it comes to walkaways.
March 29 -
DALLAS-One way to avoid being burned by the "Walkaway Phenomenon" is to be proactive before it gets to the point of no return.
March 29 -
SACRAMENTO, Calif.-Credit unions largely report few members are "walking away" from their CU mortgages, but the numbers may be larger than most think, due to reluctance of members to admit that's exactly what they are doing.
March 29 -
Carson City, Nev.-Wally Murray, president and CEO of Greater Nevada CU said, "Our credit union has not experienced significant walkaway activity thus far."
March 29 -
LAS VEGAS-The key to dealing with 'walkaways' is preventing them in the first place, and that's why one CU is heading to the web to track down members in trouble.
March 29 -
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WASHINGTON-The escalating fighting between Republicans and Democrats that threatened passage of the healthcare reform bill now is jeopardizing financial services legislation.
March 29 -
WASHINGTON-CUNA and NAFCU are taking a neutral stance on the healthcare reform bill.
March 29 -
BIRMINGHAM, Ala.-Picture a world where a credit union needs to get permission from NCUA to buy a copier. That's just one of the very real potential consequences of NCUA's proposal to rein in Reg Flex, according to Dennis Dollar, the CU consultant who penned the original Reg Flex program when he was NCUA chairman in 2002.
March 29 -
LAS VEGAS-The plunging real estate market has created a new question for credit unions-how to deal with members who are "walkaways."
March 29 -
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JEFFERSON CITY, Mo.-NCUA will reveal its proposal for dealing with corporate credit unions' "legacy assets" by June 30, according to Chairman Debbie Matz.
March 29 -
RAPID CITY, S.D.-A federal judge ruled a $6.2-million judgment against CUNA Mutual Group in a disability case to be excessive and unconstitutional and reduced the damages to a total of $2 million, but the judge had harsh words for the credit union insurer and called its behavior "reprehensible" in the case.
March 29 -
WASHINGTON-Co-op Services Credit Union was named "Competition's Best"-the highest "Best of Show" award in the CUNA Marketing and Business Development Council's Diamond Awards competition here last week.
March 29 -
Here's a sentence you don't often hear unless the words "league meeting," "it's raining/snowing out tonight," and "open bar" are also included: "It's good to be a credit union CEO right now."
March 29
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A CEO asks for help in justifying the need for community involvement to his board of directors.
March 29
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Consumers' attitudes, behaviors, and habits have most likely been materially affected by the recession, and new norms of activity and expectations are now in place.
March 29
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CANTON, Ohio – A Canton police officer drew his weapon at Golden Circle CU Friday when a young member walked in wearing a mask over his face.
March 28 -
AUGUSTA, Maine – Maine's credit unions, through their annual Campaign for Ending Hunger, made their largest, one-time donation ever to the Good Shepherd Food Bank with $20,000.
March 28
