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Wednesday, May 27, 2015
Two Virginia Credit Unions Complete Merger
WAYNESBORO, Va. — Two Virginia credit unions announced Wednesday that their merger was official.
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Credit unions had the highest satisfaction score (91) of any type of institution, followed by community banks (86), large and midsize banks (79) and the four universal banks (72), according to the Consumer Banking Expectations Index. more »
As CU Direct's annual "Drive" conference gets underway Wednesday in Glitter Gulch, the company is looking to expand awareness of its new Advisory Services. more »
NCUA announced Friday it approved a federal charter for another credit union — the Seneca Nation of Indians FCU — which will serve members of the Seneca Nation Indian tribe in western New York state. more »
Just two days after Rick Menton became CEO of Cherokee Strip, all but one member of the loan department resigned. Yet just 18 months later, the $88 million CU boasts 100% loan growth, 10% membership growth and a positive ROA for the first time in five years at .88%. more »
Unemployment and gas prices are both down, and interest rates may soon be heading up — all of which spells good news for credit unions' bottom lines. That's the verdict from a number of CFOs and economists who spoke with Credit Union Journal and predicted that while sunnier times may be on the way, CUs can do more now to bolster the bottom line later. more »
DUNEDIN, Fla. — Mark down Achieva CU as the latest credit union to buy a bank. The $1.1 billion credit union announced it has signed an agreement to acquire Calusa Bank, a Florida state-chartered bank with $165 million in assets. more »
WASHINGTON — Two credit unions – Security Service Federal Credit Union in San Antonio and Bethpage Federal Credit Union, Bethpage, N.Y. – made the cut for WalletHub's list of "2015's Best Bank Accounts for Small Businesses." more »
It's not just about the new name and brand. Vibrant CU, previously named DHCU, has embarked on a full-scale culture change, as well, seeking to create an enhanced member experience that will lead to deeper relationships that are more profitable for the member and CU alike. more »
MADISON, Wis. — Filene Research Institute says it is seeking the "best and brightest minds" to participate in the latest incarnation of its i3innovation program. more »
DULUTH, Ga. — Tiny $21 million Etowah Valley Federal Credit Union, headquartered in Cartersville, Ga., Tuesday said it intends to do a "strategic merger" into $1 billion Georgia United Credit Union, here. more »
ST. PAUL, Minn. — City & County Credit Union has launched a new website designed to "enhance" its members' online experience. The $419 million CU said the new website was built "with responsive design" and features "intuitive navigation and a visually appealing design." more »
Saginaw, Mich. — Catholic Federal Credit Union said it recently received NCUA approval to add St. Mary's Medical Center of Michigan as a Select Employee Group. more »
MOON TOWNSHIP, Pa. — Clearview Federal Credit Union is wrapping up its "Thanks A Million" initiative, part of its "10th Anniversary Members Matter Celebration" that has been investing a total of $1 million in Clearview members and community over the last three months. more »
Jun 01 - 03 | NCCR

Hyatt Regency
New Orleans
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Jun 08 - 10 | Digital Banking Summit

Hilton Austin
Austin, TX
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Take Me Out to the Ball Game
It's baseball season, and this spot from SPIRE CU highlights the credit union's connection - both as a sponsor and philosophically - with local team the St. Paul Saints.
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