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Credit Union Journal, The

Getting Buzz For The Brand Not An Overnight Process

Getting Buzz For The Brand Not An Overnight Process Michael Bartlett, Reporter Is it possible for credit unions to have a “brand” that creates a buzz? Yes, but the process is neither fast nor easy. That was the message from Roy MacKinnon, vice president of marketing for First Entertainment Credit Union, Hollywood, Calif., who told […]

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Credit Union Journal, The

Nationwide Deal Opened The Door On Sale of CU

Nationwide Deal Opened The Door On Sale of CU Some credit unionists have been holding their breath since the 2006 “friendly takeover” of Nationwide CU by Nationwide Bank.”The sale of Nationwide CU to Nationwide bank sent a signal that this-the sale of a credit union-is legally possible,” said Mike Mercer, CEO of Georgia CU Affiliates. […]

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Credit Union Journal, The

CENTRIX Financial Forced To File For Bankruptcy

CENTRIX Financial Forced To File For Bankruptcy CENTRIX Financial, the subprime auto lender for some 300 CUs, filed for bankruptcy as three of its creditors were seeking to force it into bankruptcy. The creditors, saying they are owed $4.6 million, filed an involuntary petition to force the subprime auto lender into a court-ordered bankruptcy the […]