A recent spate of judicial rulings suggests that banks'—and one credit union's—next big legal worry may stem from a potentially costly group of related lawsuits filed on behalf of consumers.

NEW ORLEANS — Millennials are open to switching financial institutions, which is great news for credit unions — but only if they are prepared to act quickly.

The NCUA is fully aware of credit unions' concerns about its proposed risk-based capital rule, including discretionary examiner authority to set capital standards and the rule's impact on some shops' business lending.

LAS VEGAS — The good news: CUs set a new record for lending origination volume in 2013. The bad news: that's still not good enough. The answer: it's time to figure out how to "steal market share."

On May 20, 2013, a cataclysmic tornado tore through Moore, Oklahoma, destroying everything in its path. Or almost everything. Tinker FCU's branch was decimated by the cyclone, but the members and staff who were inside the branch when tornado hit were able to barricade themselves inside the branch vault and made it through alive. On the one-year anniversary, Tinker FCU looks back at the damage and looks forward with the new branch that was rebuilt at the site.

WICHITA, Kans. — Could $10 million in missing deposits have caused the liquidation of Parsons Pittsburg CU here?

HOUSTON — Two small credit unions in this fast-growing city have been absorbed into larger entities as the result of mergers.

WASHINGTON — XCEL Federal Credit Union, Bloomfield, N.J., and Michigan State University FCU, East Lansing, Mich., took top honors as the National Association of Federal Credit Unions named the winners of its 2014 Annual Awards.

ALEXANDRIA, Va. — As comment letters on the proposed risk-based capital rule flood into NCUA, the agency said it may consider delaying the rule's effective date.

A selection of photos featuring what credit unions' have been doing in their communities.

The Director of the Michigan Department of Insurance and Financial Services on Friday placed Detroit's Health One Credit Union into conservatorship due to the "recent discovery of unsafe and unsound practices."

LOVES PARK, Ill. — Police are still searching for an armed robber who discharged his weapon inside the main office of Rockford Bell Credit Union Thursday before fleeing from the CU with an undisclosed amount of money.

Business diversity, fee income and greater operational efficiency are the three main bottom-line drivers at corporate credit unions these days.

MOORE, Okla. — One year after a devastating EF-5 tornado leveled this town and destroyed the Tinker FCU branch here, employees who survived that day — riding out the storm in the CU's vault — are back at work.

FITCHBURG, Wis. — Summit CU remodeled its branch here in early 2013 as part of a move to "inspire" members to dream more, and the project appears to have paid off.

There are two basic ways to boost the bottom line: increase profit, decrease expenses.

EL SEGUNDO, Calif. — As checking rates finally begin to inch upward this year, CUs are well ahead of banks in the average yield paid on checking products, according to GoBankingRates.

NEW YORK — Credit unions looking to enhance their respective bottom lines have no shortage of vendors vying to prove they have the best-in-breed solutions. To remain competitive and forward-looking, vendors are continually taking proactive measures, including fielding client feedback.

Credit unions now have many initiatives to better understand each member, including improved marketing and member loyalty. Unfortunately, many CUs are running into an unexpected challenge: inaccurate data.

ALEXANDRIA, Va. — The NCUA remains committed to workforce diversity as a key to success for the organization, despite the agency failing to meet 60% of its own workplace target goals last year.