Search Results

WASHINGTON - Callahan & Associates this week announced the launch of what it calls the industry's first publication dedicated to tracking the financial performance of billion-dollar credit unions. There are 83 credit unions with $1 billion or more in assets, including 11 that crossed that threshold in the past year,...

ITHACA, N.Y. - More than 150 supporters marched through the streets of Ithaca last weekend in support of raising the state's minimum wage using statistics from the Alternatives Federal Credit Union's living wage study. The New York State legislature is considering a bill that could increase the minimum wage to...

MADISON, Wis. - CUNA Mutual Group has made its "last, best, and final offer" to its employees who are members of the Office and Professional Employees International Union Local 39, and union members will have the chance to vote on the company's proposal starting April 14 after an informational meeting...

CHARLOTTE, N.C. - In a move that officials say is expected to save Bank of America Corp. $650 million, the company announced yesterday it will cut 12,500 jobs over the next two years with the first round of layoffs occurring this month. The news comes on the heels of Bank...

LENEXA, Kan. - U.S. Central says it will make whole any corporate or individual credit union which might have suffered a loss, or had a member suffer a loss, due to a malfunction in the processing of ACH transactions, according to Roger Dick, director of communications for the corporate credit...

BURNSVILLE, Minn. - Credit unions interested in a creative fundraising campaign may want to consider getting into the water business. US Federal Credit Union has tapped "specialty" water among other fun internal campaigns to help raise over $10,000 for Minnesota's food shelves during the month of March. To meet a...

WASHINGTON - The data from CUNA's Monthly Credit Union Estimates for February is a story of `slightly good news is better than bad news.' "The good news-the one I've been worried about and tracking for the last several months," CUNA Chief Economist Bill Hampel said, "is that savings growth was...

ARLINGTON, Va. - In less than a year, credit unions around the country are going to have to have ATMs in place that are not only capable of performing transactions at a new higher security encryption standard, but actually perform them. But with an estimated $200 million price tag across...