Fresh Today

Fresh Today

ALBANY, N.Y. — Two New York credit unions have merged. The 484-members of the $3.6-million Niagara Mohawk Power Corp. Troy Employees FCU, better known as NIMO FCU, have approved a merger into the $2.2-billion CAP COM Federal Credit Union.

MADISON, Wis.–Credit union membership growth has slowed dramatically recently when compared to the last six years, according to new analysis by CUNA Mutual’s Trends Report, which suggests what membership growth is taking place is unintended consequence of the Durbin Amendment of the Dodd-Frank Act.