How quickly things can change. At the beginning of this year, credit unions were flush with cash and enjoying high yields in Market Daily accounts-with rates as high as 6.50%. Many credit unions were reluctant to give up such a high short-term rate and were uncertain as to the longer-term...

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CEO

This box shows just how important the ATM channel is for PSECU member deposits. If that diminishes due to financials dropping out of the deposit-taking program, the CU could have a coverage program. That's what UPost@Home was designed to combat. 1. ACH/Direct Deposit- $3.1 billion annually 2. ATMs- $1.6 billion...

Multco Credit Union, Portland, Ore., has changed its name to Point West Credit Union. Southgate Federal Credit Union, Mich., has changed its name to Advantage One Federal Credit Union. Fort Worth Federal Credit Union, Texas, has changed its name to Fort Worth Community Credit Union.

I believe it is an excellent idea for NCUA to conduct an open budget briefing and public forum to discuss their budgeting process and listen to comments from the public. I also believe the overabundance of praise being heaped upon NCUA for conducting the forum should be kept in check...