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Wednesday, April 1, 2015
NCUA Releases Latest Economic Update Video
A new forecast from NCUA says the economic outlook for 2015 is solid, but rising unemployment in oil-producing regions are making that forecast slightly less sunny than it was a few months ago.
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ALEXANDRIA, Va. — NCUA's Corporate Resolution Program continues to run in the negative range, making it unlikely that the regulator will charge future assessments to credit unions for the Stabilization Fund. more »
NCUA's Temporary Corporate CU Stabilization Fund has received its sixth consecutive clean audit, the regulator said today, but this time with a change-this was the first year the fund saw a net positive position. more »
Vincent Hui, senior director with Cornerstone Advisors Inc. in Scottsdale, Ariz., said he expects interest rates will go up "a little bit" in 2015, but nowhere near the sharp rise some forecasters predicted near the end of 2014. more »
A new report finds that credit union lending hit record levels last year thanks to more consumers taking advantage of low loan rates at credit unions and continued improvements in the economy. more »
KEY WEST, Fla. — Keys Federal Credit Union, which was placed into voluntary conservatorship by NCUA in September 2009, announced that it generated "improved performance" in 2014 by "focusing on greater efficiency and consumer lending." more »
SEAFORD, Del. — The members who get the most out of their relationship with $252 million Sussex County Federal Credit Union received a Valentine's Day present of sorts. more »
LAS VEGAS — One Nevada Credit Union continued its strong recovery with net income of $7 million in 2014, the now $729 million CU reported. more »
Opinions vary throughout industry on the value of returning bonus dividends to members. more »
Altura Credit Union on Friday reported $11.6 million in net income for 2014 - its 15th consecutive quarter of positive earnings and fourth straight year of "solid" financial performance. more »
RICHARDSON, Texas — Texans Credit Union, which has been under NCUA conservatorship since April 2011, on Tuesday said it had net income of $21.7 million in 2014. more »
TYLER, Texas — For the second consecutive year, Cooperative Teachers Credit Union paid a year-end bonus dividend of $90,000 to its members. more »
LAS VEGAS — Silver State Schools Credit Union had $2.76 million in net income during the fourth quarter of 2014 — its 11th consecutive profitable quarter — and $13.27 million in net income for the year. more »
Albuquerque, N.M. — New Mexico Educators Federal Credit Union on Friday paid more than $7 million to its qualifying member-owners. more »
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Chicago Downtown Marriott
Chicago, IL
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Hyatt Regency
New Orleans
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Exit Interview
After 42 years at the credit union, outgoing Michigan State University FCU CEO Pat McPharlin recently looked back -- and forward -- in this brief interview one day before his retirement.
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