New York’s First Credit Union Celebrates 100 Years

This photo was taken at an MCU branch in the 1920s. An elite group of credit unions is growing silently every year. You may call them the Century Club, credit unions that served five generations of members for 100 years or more. The fall, Municipal Credit Union in New...

California, North Carolina Credit Unions Merge

The $7.9 million Family Federal Credit Union in Wilmington, Calif. said Tuesday it completed its merger into the $665 million Self-Help Federal Credit Union headquartered in Durham, N.C. on Sept. 1. Family FCU members approved the consolidation last month....

Financial Indicators Positive for Credit Unions

While most financial indicators provided good news for credit unions, membership in small credit unions continued to drop during the second quarter of the year, NCUA said Wednesday. Nationally, median loan growth in federally insured credit unions was 4.3% during the...

House Financial Committee Update: CU Edition

CU Times Executive Editor Michael Ogden and Washington, D.C. correspondent David Baumann discuss the latest development regarding the House Financial Services Committee approving H.R. 5983, Chairman Jeb Hensarling’s (R-Texas) plan to overhaul the Dodd-Frank...