Point of view within a crowd of music fans during a performance at a music festival

Massive Credit Union Citadel Goes on Spending Spree: Uses Member Funds to Sponsor Music Festival

EXTON, PA (February 21, 2018) — Citadel, one of the largest credit unions in the United States, today announced its title sponsorship of a new, three-day country music festival coming to Chester ...

Read More
Business handshake. Business man giving a handshake to close the deal

Merger Mania Hits the Dairyland! Two Wisconsin Credit Unions Join Forces to Make One, Huge, Half-Billion Dollar Credit Union

SUPERIOR, Wisonsin.-Superior Choice Credit Union and Dairyland State Bank have announced a merger agreement has been finalized between the two financial institutions. Pending regulatory approval, the ...

Read More
Businessman with luggage standing by car and private jet at airport terminal

Mo’ Money, No Problems! Large Credit Union CEO’s Hit the Jackpot, Rake in More Than $1 million/year Thanks In Part to Federal tax Exemption

Average total compensation for CEOs of state chartered credit unions with at least $1 billion in assets in 2014 was $1,017,720. The median total compensation for 2014 was $796,722. Compensation data a...

Read More
Black and white chess kings on chess boards

Tax paying Florida Bank Bought by Billion Dollar Tax-Exempt Credit Union, Will Cease Paying Federal Income taxes

DUNEDIN, FL (February 14, 2018) — Achieva Credit Union today announced it has signed a definitive agreement to acquire Preferred Community Bank, a Florida state-chartered bank in Lee County with ...

Read More
Classic band shell amphitheatre with lots of white luxury seats - all surrounded by green trees and white seats

Virginia Credit Union Invests Member Money in Amphitheater Naming Rights Instead of Lower Rates

Say goodbye to the Classic Amphitheater at the Richmond Raceway and hello to a new name: Virginia Credit Union LIVE! Virginia Credit Union has bought the naming rights to the outdoor amphitheater wi...

Read More
Red treadmill at the stadium with the numbering from one to seven

Non-profit, Tax-Exempt, Georgia Credit Union Doubles Down: Drops Millions to Become Title Sponsor of Georgia Tech Athletics

DULUTH, Ga. (Georgia United Credit Union) – Georgia United Credit Union announced an expanded partnership with the Georgia Tech Athletic Association as the Official Credit Union of Georgia ...

Read More
assorted open law books with legal gavel, in dramatic light

As the Price of Taxi Medallions Plummets, Credit Union Execs Who Gambled and Lost Leave Their Members Holding the Bag

When a taxi medallion sold for $241,000 last March, the seemingly rock-bottom price made major news. It turns out, those were the good old days. On Tuesday, a stalking-horse bid of $875,000 for a bloc...

Read More
uni

Whoa! Idaho Credit Union Pays $10 million Up Front Lump Sum to Put Their Name on Arena at U of I

The new basketball arena the University of Idaho is planning to build will be called the Idaho Central Credit Union Arena, the school announced during a news conference Thursday afternoon at the Kibbi...

Read More
Hall in exhibition center

Michigan Credit Union Refuses to Tell Members How Much Secret Expo Center Naming Rights Deal Cost Members

Frankenmuth Credit Union has received naming rights to the former Birch Run Expo Center. The 2,500-seat arena will be called Frankenmuth Credit Union Event Center. The financial institution signed a 1...

Read More
Stock Market - Arrow Graph Going Down on Blue Display

Deja Vu All Over Again! Another Credit Union Done in by Risky Taxi Medallion Gamble

SAN FRANCISCO (KPIX 5) — While taxi medallions in San Francisco were once seen as a good investment — literally a license to make money for cab drivers — the popularity of ride-sharing apps has led to...

Read More
Top