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The NCUA's plan to expand credit unions' business-lending powers generated more than 3,000 comment letters, mostly from bankers urging a 'no' vote. But the agency's board is expected to stick by its original proposal.
February 17 -
Credit unions that undergo conservatorship face a variety of destinies. Consider the fate of credit unions that were conserved five years ago. In 2011, according to NCUA, nine credit unions were placed into conservatorship. Of those nine, eight were eventually liquidated (often due to fraud) and one remains in conservatorship almost five years later. Here is a brief review of what became of them.
February 17 -
North Island Financial Credit Union was on the verge of conservatorship but managed to avoid that fate and come back out swinging.
February 17 -
When regulators step in to take control of a troubled CU, what promising signs do they look for to determine whether there will be life after conservatorship, and what happens next?
February 17 -
You did multiple requests for proposals to find just the right mix of hardware and software features to keep your data safe and secure, but here's why even after all of that, you're still not really done.
February 17
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Campaign season is in full swing, and even those lawmakers not up for re-election will be spending more time in their home districts, giving CUs more opportunities to meet with their elected officials.
February 17
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SAN DIEGO San Diego County Credit Union on Tuesday released its financial results for 2015, noting that its return on assets "continues to be strong" at 1.26% for the year and its net-worth-to-assets ratio was 13.85% ("well capitalized").
February 17 -
Whitefish Credit Union business lending office announces four moves, Pennsylvania CU Foundation board news and more.
February 17 -
Home equity portfolios have shrunk at banks, but credit unions and nonbank lenders helped fuel the surge in home equity lines last year.
February 16 -
The Credit Union National Association has partnered with the Republican and Democratic parties to provide garden spaces at children's hospitals in Cleveland and Philadelphia.
February 16 -
Sussex County Federal Credit Union in Seaford, Del., has provided a $100 patronage dividend to its members who have multiple accounts.
February 16 -
Members of Crane Credit Union here voted to convert the $485 million institution from a federal to a state charter.
February 16 -
Though the bank that was dedicated to helping former slaves gain access to financial services failed, that same basic mission bringing affordable financial service to people of modest means would carry on in credit unions. In honor of Black History Month, Credit Union Journal looks at the history behind this special bank that still serves as inspiration for CUs that primarily serve African Americans today.
February 16 -
Enterprise Car Sales helped rev up auto lending among its credit union partners, generating roughly $500 million in auto loans during 2015.
February 15 -
The Super Bowl is over, but dont despairCredit Union Journal chatted with the worlds largest credit union about the results of its football ad campaign.
February 12 -
Credit unions are outperforming other auto lenders, but experts warn some may need to rethink their pricing for risk.
February 12 -
MADISON, Wis. The Wisconsin State Assembly on Thursday voted unanimously to pass AB 807, legislation sponsored by the Wisconsin CU League that would modernize the state credit union statute, known as Chapter 186, and administrative code provisions relating to credit unions.
February 12 -
State regulators and House lawmakers warned the Consumer Financial Protection Bureau not to preempt state laws when the agency issues its proposal to regulate payday-type loans.
February 12 -
Remember those homeowners who walked away from their underwater mortgages even though they could still afford their loans? They're back, this time as prospective borrowers.
February 11 -
Hawaii Central Federal Credit Union and The Queen's Federal Credit Union, both based in Honolulu, have merged.
February 11













