March 18, 2010 As part of its cost-cutting over the last year, ailing Arrowhead Central Credit Union has cut its staff by a fifth to 400 and has shrunk its loan portfolio “way down” in three areas–autos, home equity and RVs, said Larry Sharp, president/CEO....
March 18, 2010 In the wake of a hearing before the House Committee on Financial Services last week, community development financial institutions, including some credit unions, are trying to build legislative support for their agenda....
March 18, 2010 Southeast Corporate Federal Credit Union is among the lucky wholesale credit unions that don’t face an immediate need to recapitalize....
March 18, 2010 The troubled $851 million Arrowhead Credit Union of San Bernardino, Calif. is selling off five of its branches to the $3.9 billion Alaska USA FCU, it was announced Thursday....
March 18, 2010 Consumer prices didn’t move last month, the Labor Department reported today.
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March 18, 2010 The $1.4 billion Summit Credit Union is one of the sponsors of an upcoming forum that will explore why consumers makes choices they later regret and put their families at financial risk....
March 18, 2010 Two state leagues, Texas and California, have taken to a little Capitol Hill bank bashing this week over business lending in anticipation of stepped up American Bankers Association opposition to pending CUNA bills....
March 18, 2010 The NCUA Board unanimously sent out proposed regulations for a 60-day comment period at today's meeting....
March 18, 2010 Fifteen years after it was founded and three years after it was sold, Digital Insight is no more....
March 18, 2010 Federal credit unions can add a floor rate to variable rate home equity loans if the original agreement disclosed that such an addition is possible, according to an NCUA legal opinion....
March 17, 2010 Payday loan shops in Arizona were dealt a blow Tuesday after a state Senate Committee voted down a measure exempting the firms from an existing sunset law forcing the firms to abide by a strict 36% rate limit....
March 17, 2010 The Inspire Community Development Federal Credit Union, a low-income designated community development credit union located in Battle Creek, Mich., is the first credit union the NCUA has chartered in 2010, according to the agency....
March 17, 2010 It may be difficult for the SEC to pinpoint if the latest round of Ponzi schemes involving retired bus drivers, the elderly and Cuban-Americans were credit union members. ...
March 17, 2010 Concerns over the federal charter and field of membership limits stand to play a big part in more voluntary mergers like the First Tech/Addison Avenue FCU combination, according to former NCUA Chairman Dennis Dollar....
March 17, 2010 The Filene Research Institute is taking a closer look at effective board governance and needs input from current and former credit union board members....
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