WASHINGTON–FDIC-insured banks and savings institutions set a record for quarterly income during the second quarter of 2015, with aggregate net income of $43 billion, up $2.9 billion (7.3%) from a year earlier.
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HOUSTON—Houston Deputy Sheriff Darren Goforth, who was tragically killed here while pumping gas, was also a security officer for SPCO Credit Union.
ALEXANDRIA, Va.—A new record for comment letters has been set, with NCUA reporting the current count for comments on the member business lending proposal is 3,086.
CHAPEL HILL, N.C.—The average Financial Advisor working in a credit union produced $444,873 in investment services revenue in 2014, slightly higher than the average in large banks that own their broker dealer, according to a study released this week by Kehrer Bielan Research & Consulting.
EAST BRAINERD, Tenn.–Two men here have been charged with robbing a branch of Scenic Community CU after police located them using a GPS tracking device that had been hidden in the stolen cash.
MADISON, Wis.—CUES reported that 42 credit union industry leaders have completed its transformational new program, the Strategic Innovation Institute.
PITTSFIELD, Mass.—Another small credit union is throwing in the towel due to growing regulatory burden.
SPRINGFIELD, Ill.—The $50-million Illinois Educators Credit Union has named a new CEO. Jody Dabrowski has been named to succeed Gene Taylor, who is retiring, in the position. She will officially begin Oct. 5.
NASHVILLE, Tenn.–-Volunteer Corporate CU (VolCorp) has named a new CEO.
MOON TOWNSHIP, Penn.–Clearview Federal Credit Union has teamed up with Pitt Athletics to support the new “Community Champion of the Game” program.