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GERMANTOWN, Md. –Montgomery County Employees Federal Credit Union (MC EFCU) has earned the Community Development Financial Institution (CDFI) designation from the U.S. Treasury Department. 

SPARKS, Nev.–Great Basin Federal Credit Union (GBFCU) is celebrating the grand re-opening of its Sparks Crossing branch here. 

WASHINGTON—Twenty credit unions have now acquired 22 banks, and the moves—says one expert who has written a paper on the growing trend—have proven to be sound as long as the credit union does its homework.

MANCHESTER, Conn.—The CEO of one small credit union here says growth isn’t all that important to her shop and that its limited assets are what have helped it to return more value to the membership.