CUs that acquired banks perform above peers

A new Filene report delineating how credit unions that have acquired banks have performed above peers included interviews with CEOs of Five Star Credit Union in Alabama, Avadian CU in Alabama, and Achieva CU in Florida.  Findings show that 14 credit unions that have acquired 16 banks since 2012 all had higher capital ratios, greater […]

FHL Bank Atlanta begins election of directors

The Federal Home Loan Bank of Atlanta has begun the election to fill certain directorships on the Bank’s board of directors, including the member directorships in each of Florida, Georgia, and Maryland, and one independent directorship. The current Florida member director, Miriam Lopez, is subject to statutory term limits and cannot run for re-election. The […]

Day two of SCUCE – informative and engaging

Day two of SCUCE was impactful for attendees bringing an assortment of information. The line up began with an invigorating update on brand from Steve Battista, marketing guru from Under Armour, providing insight on staying relevant in a changing market. Todd Clark, president/CEO of CO-OP Financial Services then followed with an informative presentation on the […]

VyStar Credit Union announces headquarters relocation

Brian E. Wolfburg, president/CEO of VyStar Credit Union, announced that VyStar’s Corporate Headquarters, currently located at 4949 Blanding Boulevard, will move to 76 S Laura Street in Downtown Jacksonville. Built in 1989, the tower has 23 floors and provides more than 380,000 square feet of office space. The building, currently known as the SunTrust Tower, […]

Nominate your CU Rock Star by June 15

Credit Union Magazine is still accepting nominations for its Sixth Annual Credit Union Rock Stars Program. The nomination deadline is June 15. Sponsored by Fiserv, Credit Union Rock Stars are professionals and volunteers in credit union organizations who distinguish themselves through their dedication, ingenuity, performance, excellence, and contributions to their organizations and the industry. Credit Union Rock […]

CFPB dismisses members of advisory board

CUNA Chief Advocacy Officer Ryan Donovan said a multimember commission leading the Bureau of Consumer Financial Protection would provide more consistency for the entities affected by bureau activities Wednesday, in response to the bureau announcing it would restructure its outreach activities. The bureau has dismissed all members of the Consumer Advisory Board (CAB), though the bureau noted […]