WHITTIER, Calif. -- The proposed merger between Visterra Credit Union and Credit Union of Southern California, which will create a $1 billion-plus combined institution, is just the tip of the iceberg when it comes to the trend of merging large, healthy credit unions, said CU SoCal CEO Dave Gunderson.

MORENO VALLEY, Calif. -- Visterra Credit Union and Credit Union of Southern California, with $470 million and $530 million in assets respectively, are the latest to announce a mega-merger of equal partners.

MANHATTAN BEACH, Calif. -- Kinecta Federal Credit Union scooped up three new executives from the struggling banking and mortgage sectors, the $4.4 billion cooperative announced Friday.

PLANO, Texas - Southwest Corporate ACH originators now have the ability to send electronic credits to Canada, Germany and the United Kingdom, as well as electronic debits to Canada.

PLANO, Texas - Southwest Corporate's new white paper, entitled "Dynamic Vector Analytics for Mortgage-Backed Securities," gives credit unions another tool for gauging the potential returns on these investments.

RANCHO CUCAMONGA, Calif. - The California Credit Union League will offer its eTrain Webinars to Florida Credit Union League member credit unions as part of a new strategic partnership.

MADISON, Wis. -- Certain provisions in the International Accounting Standards Board's proposed standards for small and medium-sized enterprises could be detrimental to credit unions, according to World Council of Credit Unions.

PLANO, Texas -- Credit union leaders are expressing a great deal of negativity concerning the economy, according to Southwest Corporate's most recent CU CEO Confidence Survey. The first quarter 2008 index registered the lowest confidence level yet in the survey's four-year history.