As the story on page 1 shows, CU mergers have been plentiful in recent years. Often times when mixed mergers occur (mergers between federal- and state-chartered credit unions), the surviving credit union chooses to maintain the state-charter. Here is a look at the breakdown of state and federal surviving charters...

ALEXANDRIA, Va. - Pentagon Federal Credit Union's assets just seem to keep on growing. Founded in 1935, PFCU has recently reached the $4 billion milestone. Pentagon Federal CU serves more than 432,000 members worldwide.

KILLARNEY, Ireland - Over 100 Irish credit union leaders who were among the hundreds of delegates attending the World Council of Credit Unions 2001 International Conference and Annual General Meeting watched as one of their own, Gerry Foley, received the jewel of the office as Chairman of WOCCU from out-going...

Credit Union Times' onsite coverage of the World Council of Credit Unions' 2001 International Conference and Annual General Meeting was provided by our Overseas Correspondent Donna-Lane Nelson. A native Bostonian, Nelson currently lives in Switzerland. Her most recent credit union employment before relocating overseas was with Digital FCU in Maynard,...

Glad to see Credit Union Times is planning to spend some time reviewing the competitive landscape credit unions face everyday with their new "News of the Competition" regular feature (CU Times, May 30). Frankly, it's about time. I see a strong need need for credit unions to focus on the...

PALM DESERT, Calif. - Geoff Bacino, the newest appointee to the board of the National Credit Union Administration, is promising credit union officials a hands-off approach when it comes to how they run their financial institutions. "One question I've been asked more than anything else is, `What's your vision of...

WASHINGTON-NAFCU President and CEO Fred Becker has been elected to a one-year term on the National Cooperative Business Association (NCBA) board of directors at its recent annual meeting. "I'm proud to be elected to a leadership position at the National Cooperative Business Association," Becker said. "I will be representing the...

OLYMPIA, Wash. - Five months after it began the rulemaking process, the state Division of Credit Unions has finalized its rule increasing the rate of assessments and fees paid to the division by credit unions. The rule takes effect on June 23, 2001. It provides for three successive increases between...