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Friday, March 27, 2015
Verve Absorbs Tiny CU, Marking Fifth Merger in Two Years
OSHKOSH, Wis.—Verve, a Credit Union, is set to merge with Two Rivers Community CU toward the end of 2015—Verve's fifth merger in two years.
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BOULDER CITY, Nev. — While most credit unions say they would like to attract younger members, Boulder Dam CU reports a remarkable 85% penetration of 18-to-29 year olds in its field of membership. more »
In the last five years, a growing number of CUs have dropped the words "credit union" (or "federal credit union") from their names or do business in a manner that downplays their credit union status. more »
BOULDER, Colo. — Two credit unions here plan to come together in a "merger of equals." more »
New York — McGraw-Hill FCU's "Financial Wellness Center" doesn't look like a typical credit union branch. more »
SAN FRANCISCO — To partner eligible members with potential credit unions they can join, Sam Brownell has launched a KickStarter campaign here for Credit Union Match. more »
RIVERDALE, Utah — Long a fixture in Utah America First CU has been slowly expanding into Southern Nevada. more »
WASHINGTON — The Government Printing Office Federal Credit Union announced that it has received certification from the U.S. Treasury's Community Development Financial Institutions Fund. more »
WASHINGTON — Credit unions are eager for NCUA to tackle field of membership rules — so eager that even after a late night at the Wegner Awards dinner on Monday, executives flocked to the "open mic" session on FOM with NCUA Vice Chairman Rick Metsger at 7:15 a.m. Tuesday. more »
For small credit unions it's a chilling reality: grow, merge or die trying. So it should come as no surprise that CUNA's Governmental Affairs Conference kicked off with a standing-room-only session on small CUs. more »
EL CENTRO, Calif. — Palm Springs Federal Credit Union said it intends to merge into Sun Community Federal Credit Union, here, which would create a combined credit union with $325 million in assets, $36 million in capital and more than 36,000 members. more »
Focus Federal Credit Union announced it has earned its Community Development Financial Institution certification. more »
BETHALTO, Ill. — The final bell has rung for School District #9 Credit Union in Granite City, Ill., as it was officially merged into $585 million 1st MidAmerica Credit Union, here. more »
MADISON, Wis. — Credit unions should prepare for a slight rise interest rates this year, say economists. more »
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A Northwest Legend
As the 35-year anniversary of the Mt. St. Helens eruption approaches, iQ CU has a spot focusing on its position as another "Northwest Legend."
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