Community Financial Credit Union (CFCU) of Broomfield, Colo., said it will distribute $300,000 to reward its "most loyal members" as part of its Member Bonus program, which is designed to return earnings back to its members.

Neighbors Credit Union, a $315-million institution based in St. Louis, paid out a special dividend off 1.31% APY, which amounted to a total of about $209,000.

Republican lawmakers agree with Obama that outdated regulations need to be changed, but were pessimistic that the administration would support efforts to roll back the compliance burden on banks.

NCUA sent a letter to credit unions outlining the agency’s top priorities examiners will be focusing on as they audit credit unions this year.

Credit unions and community bankers scored a significant victory while others in the mortgage industry lost out in the Federal Housing Finance Agency's final rule establishing membership standards for the Home Loan banks.

The credit union movement soon will lose yet another iconic figure, as Stan Hollen announced he will retire as president and CEO of CO-OP Financial Services on May 31.

Municipal Credit Union in New York has received compliance certification for its data security systems.

With the specter of an NCUA Board diminished to just two board members—possibly even all the way down to just one—hovering over the agency, a number of key regulations hang in the balance.

District Government Employees Federal Credit Union in Washington, D.C., and Whitefish Credit Union in Montana have begun collaboration with COMPASS 4 CUs on regulatory compliance support.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Two new chief operations officers, a chief risk officer and a chief audit executive joined the C suite and other credit union professionals in the news.

One week after regulators uncovered some financial irregularities at its operations, Clarkston Brandon Community Credit Union (CBCCU) said its branches are “open and fully functional” and its employees are “ready to meet” members’ needs.

The agency scrapped a part of its 2014 proposal that would have required Home Loan Bank members to maintain a certain percentage of residential mortgage assets in order to keep their membership. But the agency held fast on a provision that would disqualify captive insurance firms from membership.

Credit unions are still clamoring for regulatory relief, only this year it's CFPB—not NCUA—that is prompting the loudest criticism.

There is a lingering fear that enabling real-time transfers between consumer bank accounts will open a window for fraud that cannot be closed. But as the demand for real-time payments grows, two large bank-led consortia hope to address the banking industry's fraud concerns by developing an interoperable identity shield.

San Diego County Credit Union on Monday said the 2015 version of its SDCCU Poinsettia Bowl raised $22,500 for Biz Kid$

ALEXANDRIA, Va. – Just hours after President Barack Obama announced his intent to nominate NCUA Board Member J. Mark McWatters to the Board of the Export–Import Bank of the United States, McWatters said he remains focused on his work with credit unions.

Conventional wisdom suggests scheduling ATM maintenance during slow periods to minimize impact to member service, but what if you didn't really know when those slow periods were?

CorePlus Federal Credit Union in Norwich, Ct., has rolled out new branding as it starts a major renovation of its company headquarters.

The Financial Accounting Standards Board is giving a handful of community banks a chance to explain why a plan to change the accounting for loan losses will result in major hardship — and credit unions may want to follow suit, according to one CU advocate.