Horizon Credit Union, EDTECH Federal Credit Union Boards Approve Merger Plans

The boards of Horizon Credit Union and EDTECH Federal Credit Union have voted unanimously to merge, the credit unions announced this morning. If approved by regulators and EDTECH members, the combined credit union would approach $675 million in total assets and employ more than 225 people.

Yvonne Evers, Renowned CU Coach and Consultant, to Speak at the NWCUA Volunteers’ Conference

A nationally recognized credit union consultant known for coaching boards out of their comfort zones will address the NWCUA Volunteers’ Conference June 7-9. Yvonne Evers will lay out five key strategies to reach the top.

Member Votes Affirm Four Credit Unions’ Merger Plans

Two membership votes affirming the decisions of the Boards of two Washington credit unions will increase by two the number of $1 billion-plus credit unions based in the state.

CEO Oversight Sparks Lively Discussion at 2012 Volunteers Conference

According to nationally renowned credit union executive coach Yvonne Evers, the ideal relationship between a credit union CEO and his or her board of directors involves finding the sweet spot between micromanagement and rubber-stamping.

MountainCrest Credit Union CEO to Retire

Bob Schumacher’s 34-year credit union career began with CUNA and Affiliates in 1977, and included stops at the Florida and Washington Credit Union Leagues.

Technical Change Made to NCUA ‘Golden Parachute Rule’

The NCUA board of directors made technical modifications to its recent rule covering golden parachutes and indemnification payments to institution-affiliated parties.

NCUA Announces Online Financial Literacy Training for FCU Boards

In keeping with the agency’s goal of increasing volunteer education, this module introduces financial statement concepts to board members with non-financial backgrounds.

Help Boards Perform Without Using Term Limits

Convention speaker Rory Rowland outlines how credit unions can address with underperforming boards without the use of term limits, which can also eliminate quality leadership.

Oregon, Washington Merger Would Create Regional System of 200 Credit Unions

The Credit Union Association of Oregon and the Washington Credit Union League announced last week that their Boards of Directors have signed a letter of intent to merge after more than 20 years of on-again, off-again discussion.

Last Chance to Participate in Oregon/Washington Town Halls

The Washington Credit Union League and the Credit Union Association of Oregon will conclude their two-state, traveling town hall meeting schedule in Lacy on Friday, September 3.

Why Credit Union Boards Need to Consider Formal Self-Evaluations

Directors often think they do a good job, but they rarely establish standards and hold themselves accountable.