$40 Million Transfer Of Member Capital Shows Need For New Merger Rule
Payouts to senior managers after the PenFed takeover of Belvoir FCU also show need for transparency.
Payouts to senior managers after the PenFed takeover of Belvoir FCU also show need for transparency.
While the NCUA and the industry examines the merger process, maybe it’s time to consider providing a way for credit unions considering going away to save their value and re-deploy it for the common good.
A Keystone State credit union vanishes to merger but not without a fight.
A look at one recent merger shows how information shared and withheld can influence the outcome: the disappearance of yet another credit union with a proud, long history.
The proposed NCUA rule would require payoffs to take place in the open, exposing merger deals to transparency before members give away millions in equity and member value.
An NCUA webinar series relays tools and tips from which all credit unions can benefit.
Trade lobbies and compliance consultants say it isn’t just regulations that seem frozen, and what follows the thaw?
Five can’t-miss data points featured this week on CreditUnions.com.
Five can’t-miss data points featured this week on CreditUnions.com.
Industry attorneys add that banker lawsuit is not a reason to avoid applying under the new NCUA rule, especially as application demand ticks up.
Congress is considering new legislation around cryptocurrency, and these new tools could have profound implications for the industry.
A partnership with the Institute of Gerontology at Wayne State University has helped the credit union reduce reports of elder fraud by as much as 50%.
Faced with post-pandemic talent challenges, Desert Financial put a new spin on gathering and responding to employee feedback.
From employee engagement to community impact and beyond, these are the initiatives credit unions must focus on to stay aligned and prepared for the challenges ahead.
Three more credit union chiefs with tech backgrounds show how they adapt and innovate – and how other cooperatives can, too.
Credit union chiefs with tech backgrounds show how they adapt and innovate – and how other cooperatives can, too.
The next evolution in consumer payments — and credit unions that wait risk falling behind.
Suncoast Credit Union, in partnership with WithClutch and ModernFI, hosted its inaugural Create 2025 summit in May. Attendees included eight credit unions and nine fintech companies.
Digital experiences must be a direct reflection of the care and service credit unions are known for. Here’s where to start.
The New Hampshire cooperative recently launched Service Ventures, an independent investment arm that aims to work with startups that share a commitment to operational efficiency and member experience.
$40 Million Transfer Of Member Capital Shows Need For New Merger Rule