News

Bloomberg report says Internet Archive FCU startup now holds Tradehill customer accounts.

The $148 million, 14,500 member United Educators Credit Union in Apple Valley, Minn., has named Paul Dammann as its new president/CEO.

For the past few weeks, drivers on major roads in Las Vegas have spotted a popular breakfast food on billboards, but the ads arent for a restaurant.

With about week left in the campaign, the NCUA had already quadrupled last years Feds Feed Families food drive results, collecting more than 8,000 pounds of food as of Aug. 20.

The suit against the $965 million Black Hills Federal Credit Union and CUNA Mutual alleging improper increases in credit life disability insurance rates was remanded Aug. 14 by the South Dakota Supreme Court back to a lower court to be tried as a class action suit.

CUNA President/CEO Bill Cheney earned $1.34 million in 2012, according to the organizations 990 tax forms released Aug. 15.

Despite the apparent financial pain to cover the underwriting costs of small loans under $600, some credit unions still feel there is a segment of their membership that rely on this type of financing. Others don't.

As the first chairperson of the African-American Credit Union Coalition who isnt one of the founders of the 14-year-old group, Lynette Smith said she feels a bit of heat.