Credit Union Management

As Credit Union Times was going to press last week, Hurricane Isaac was bearing down on the Mississippi Gulf area. We are hopeful that credit unions and their employees stay hunkered down and safe through this stressful time. Like the rest of the country, were awaiting reports back from colleagues,...

From asking employees to pay a greater portion of premiums to offering incentives for healthy lifestyles, some of the countrys largest employers are using a number of cost control measures to counter the expected rise in health care benefits in 2013.

Credit unions that received a notice from the IRS informing them that their tax-exempt status had been revoked due to improper filing now have specific instructions on how to have it restored.

Financial institutions around the world were recently frightened again by news of a massive attack that siphoned nearly $2.5 billion from commercial accounts held at multiple financial institutions in the U.S., Europe and Latin America.

Northwest Federal Credit Union announced the selection of Chris McDonald as the successor CEO to Gerrianne D. Burks, who will retire in mid January after a 41-year career at the Herdon, Va., credit union.

Multi-featured lending has been a hot topic since changes to Reg Zs open-end rules were announced in 2009. The most recent development is the NCUAs July 2012 letter to federal credit unions, 12-FCU-02, and accompanying supervisory letter to examiners.

Credit union events at the Republican National Convention happened outside the walls of the Tampa Bay Times Forum last week, but two credit union CEOs were among those inside the convention, listening to the speeches and roll call.

Congress has two opportunities this year to reach back to the Main Street voters who elected them. Neither costs taxpayers a dime. Two bills would enable credit unions to provide affordable capital to consumers and to small businesses. It makes sense, then, for Congress to act this year to enact...