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Credit Unions
Indiana credit unions are booming again
May 11, 2013
Norm Heikens, Chris O'MalleyCredit unions last year posted record earnings, thanks largely to lower loan-loss reserves, as well as to growing memberships,
growing debit cards, selling off mortgages and stealing business loans away from banks, their arch rivals.
MoreTwo of city's largest credit unions set to merge
March 22, 2013
Chris O'MalleyHorizon One Federal Credit Union, founded in 1949 to serve General Motors metal-stamping plant employees in Indianapolis,
is merging with Financial Center Credit Union.
MoreForum Credit Union names new chief executive
December 1, 2011
The Fishers-based financial institution is turning to company veteran Doug True to help Forum rebound from a $2.8 million
loss in 2010.
MoreCredit unions gun for more traditional bank business
May 21, 2011
Francesca JaroszA push by credit unions for more leeway with small-business lending is fueling an old fight with their banking rivals.
MoreTeachers Credit Union chooses new leader
November 10, 2010
Senior vice president Paul A. Marsh will take over for Richard J. Rice, who has been president of the credit union since 1987.
MoreBank On Indy initiative nearing first-year goal
August 19, 2010
Program that aims to reach local population without bank accounts so far has helped more than 7,500 people open an account.
MoreClarian Federal Credit Union acquires Community Choice
December 2, 2009
IBJ StaffThe combined firm will have more than 8,700 members and more than $20 million in assets.
MoreIndiana Members Credit Union signs Pacers sponsorship pact
October 17, 2009
IBJ StaffThe agreement includes player appearances, a Pacers debit card, courtside signage, radio spots,
hospitality and use of the Conseco Fieldhouse practice court for community relations initiatives.
MoreCredit unions to pay hefty tab for bailouts
August 10, 2009
Peter SchnitzlerLocal credit unions largely avoided putting toxic assets on their own balance sheets. Even so, they’re going to have
to pay millions of dollars to clean up their industry’s books.
MoreIndiana Members Credit Union grows by acquisition
June 15, 2009
IBJ StaffIndiana Members Credit Union, the metro area's second-largest credit union, has acquired Marsh Employees Federal Credit Union.
MoreLending, deposits increase at credit unions despite subpar economy
November 3, 2008
Cory SchoutenWhile many banks were getting drunk on loose lending in the last few years, most credit unions stuck to conservative lending
and other plain-vanilla banking practices.
MoreCredit union ordered to pay ex-executive $3.4M
August 14, 2006
Greg AndrewsA Marion County judge has ordered an Indianapolis credit union to pay its former CEO $3.4 million, saying it wrongly froze
the executive's accounts after accusing him of financial improprieties three years ago.
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You guys have some "interesting" comments to say the least. I hope you will call in and share those opinions starting June 1. I'm looking forward to having you on the air.
For those who let this information strike a nerve, remember that this is still the America that allows the freedom to achieve dreams and goals. Should you really chastise those who are given a perk on a deal that is supported by the consumer (that is until they don't like the deal anymore due to envy) or should the dream of rewards for working be looked at a little closer? I say lets stick to the deal, go to work,earn our keep, shoot for dreams, change our jobs to have that dream or shut up about others achievements ..............while we are still afforded this liberty of America !
Three Magi
Cats out of the bag. The object of the game is to get acquired. That means the company has no idea how to grow beyond a certain point. Email is a 1990s technology. I have laughed at this company since day one. Such a small bit player. If it was anywhere but here, it wouldn't be newsworthy.
Esther, Indy has passed Chicago in the local government corruption arena. Don't downgrade us. We're No. 1 in the Midwest.