Field of membership

If taxation is the future of our movement, it should be directed at large, bank-like credit unions in order to protect smaller institutions that have stayed true to our founding spirit.

The $269 million credit union will now serve York County in addition to Cumberland County

There are a host of new growth opportunities for credit unions in the year ahead, but CUs must be proactive if they hope to mkae the most of them.

Credit unions are still learning how to make the most of the agency’s modernization of the field of membership regulations. Here’s what you need to know.

U.S. Reps. Gwen Moore and Paul Cook introduced a bill this week would allow more credit unions to expand their fields of membership to underserved communities.

A decision by New York's Department of Financial Services will allow students, faculty and others who join at in-school branches to continue as members even after they leave the school.

A recent change raises geographic FOM potential by 50 percent, which could help CUs in some of Britain’s most heavily populated areas.

California State & Federal Employees Credit Union was approved to expand its FOM to Humboldt, Del Norte and Trinity Counties

The credit union has also added staff to better manage expanded hours beginning later this month.

Moore said the bill would allow credit unions of all charter types to add underserved areas to their fields of membership.