Credit Union News

According to the latest reports, Credit Union membership and total assets have hit an all-time high. Earnings have improved, loans have increased, and deposits have grown even faster than lending, while delinquencies and charge-offs have remained constant, and member bankruptcy filings have decreased.


Earn 3% With Top Credit Union CD Rates Today, I thought we’d take a look at some of the best nationally available CD rates at credit unions.


Compare credit union accounts in 2014 This chart provides checking account yield, monthly service fee, penalty for nonsufficient funds and the minimum to open an account to earn interest for those credit unions in the survey. Bankrate


Credit Union Mergers: Efficiencies and Benefits When the acquirer is much larger than the target credit union, target members benefit in terms of lower loan rates and higher deposit rates, while acquirer members see little change.


Credit Unions vs. Banks: Understanding What Works for You First, a credit union is a not-for-profit organization.



Air Force Credit Union of the Year – DFCU We are very proud to be the recipients of such an award, as it shines a light on our Credit Union’s legacy as well as our dedication to supporting the Airmen of Team Dover with their financial needs. Milford Live



Accused credit union robber faces federal charge An Illinois man accused of robbing a Bettendorf credit union last month has been indicted in federal court. Quad-Cities Times



Overdraft Practices at Alliant Credit Union May Be Deceptive That makes us the 8th largest credit union in the United States,” they state.



U.S. Central Credit Union may form "bad bank": CEO Central, Nance told Reuters in an interview that he will look at options for securitizing the troubled assets in ways that would allow for them to be held for an extended periods, and he will explore the sale of certain assets to non-credit union buyers. Reuters



Credit Union stalwart passes away Alphonsus Co-Operative Credit Union.



Metro Credit Union Completes Newton Teachers Credit Union Merger Cashman, Metro Credit Union CEO and president, said in a statement. Banker & Tradesman


New Mexico

PenFed adds another credit union Its latest merger is with High Plains Federal Credit Union in Clovis, New Mexico. WTOP


New York

Mid-Hudson Valley Federal Credit Union gets merger approval to absorb Central Hudson unit During this period, the total number of credit unions declined from 9,369 to 6,812, a drop of 27 percent. DAILYFREEMAN


Credit Union vs. Bank: 4 Major Differences If youve ever wondered about the difference between a credit union and a bank, then rest assured that youre in good company. The Motley Fool


ESL Federal Credit Union Names A New CEO He began at the credit union in 1991 as a senior financial analyst. WXXI News



Erie Federal Credit union returns to its roots "We have long-term members who went to school there," Chris Cortes, the credit unions chief operating officer, said of the school building thats in the midst of a $7 million reinvention. Erie Times-News


South Carolina

South Carolina Federal Credit named #4 best credit union to work for The first step, worth approximately 25 percent of the overall ranking, consisted of evaluating each participating credit union’s workplace policies, practices, and demographics. Mourtrie News



A credit union that's all in the family Sue Cain manages Our Family Social Credit Union from her tiny home office. CBS News


Gesa Credit Union expands its student-run credit union Gesa Credit Union said the student-run credit union program gives students another angle when it relates to finances. NBC Right Now


Salal Credit Union Will Offer Banking Services To I-502 Licensees The other credit union is Numerica Credit Union, who announced that the would only be working with processors and growers, and only those that are located in the areas they have branches. The Weed Blog



Retrial begins for man accused in Fairfield credit union robbery Tuesday’s trial regarding the credit union heist is not the first trial for Ledbetter. Times-Herald


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