United Educational Credit Union, Battle Creek, Mich., awarded two $300 Bright Ideas Partnership grants to Albion Public School's Harrington and Washington Gardner Schools. The grants were applied for by the district media specialist for Albion Public Schools to update the libraries at both schools. The Bright Ideas Partnership Program helps...
TALLAHASSEE, Fla. -- The Florida Credit Union League and Confedera????o Interestadual das Cooperativas Ligadas ao SICREDI, a trade association for Brazilian credit unions, signed the World Council of Credit Unions' 27th international partnership the week of April 7.
ARVADA, Colo. -- A partnership between FoolProof Financial Education Systems Inc. and Credit Union Strategic Partners hopes to help credit unions nationwide become the resource for financial literacy.
TEMPE, Ariz. -- After growth pushed the main office in El Segundo, Calif. to strain at the seams, Continental Federal Credit Union has moved its administrative office here.
ALEXANDRIA, Va. -- Auto loan rates have sunk to the lowest figures in almost two years, according to Bankrate.com, but $11 billion Pentagon Federal Credit Union has taken the business to a new low, offering 4.25% APR on any auto loan if the application is submitted online.
WASHINGTON -- Credit union political action committees for CUNA and NAFCU both reported record-breaking contributions last year. And so far this year, the PACs are on target to make a strong showing in an election year.
WASHINGTON -- NAFCU has launched a new full-service Web site (www.nafcu-sandiego.org) for its 2008 Chart a Course for Success annual conference.
ANN ARBOR, Mich. -- Making it easy makes it work. And that makes for a satisfied user who comes back for more.
BELOIT, Wis. -- First American Credit Union is empowering its staff through job-specific training as well as personal training.
SPOKANE, Wash. -- Citing new rate-cutting rules and lowering of the guarantee, the $1 billion Spokane Teachers Credit Union is exiting the guaranteed federal student loan business effective this fall.
TOPEKA, Kan. -- Kansas has a new landscape for credit union growth, and the affected are still fretting over the outlook.
KINGSTON, N.Y. -- Mid-Hudson Valley Federal Credit Union is taking member service to a whole new level.
WASHINGTON -- Gaining new industry, veteran and political support, CUNA's carefully crafted "Homes for Our Troops" drive was off and running this month with two groundbreaking events in separate cities coupled with a fundraising appeal to Department of Defense associated credit unions.
WASHINGTON -- The Foreclosure Prevention Act of 2008 was passed in the Senate on April 10 by a vote of 84-12 following discussions by Senators Chris Dodd (D-Conn.) and Richard Shelby (R-Ala.) on its provisions, resulting in a bipartisan effort to gain wide support.
WASHINGTON -- Last week's session of the House Financial Services Committee was surprise to learn that the Federal Housing Administration will expand it FHASecure refinancing program.
WASHINGTON -- A recent Pew Research Center report on the attitudes and lives of the middle class offers a bleak prospect for prosperity held by many Americans.
LOS ANGELES -- Hinting at available cash for upcoming summer vacations in Southern California, Los Angeles Federal Credit Union is offering a 9.9% APR Personal Unsecured Summer Loan.
SEATTLE -- Pemco Technologies, a card processor for credit unions, has announced that it will offer its customers a new service called Pemco Cre??taCard. The program enables cardholders to create a credit, debit, or ATM card featuring a personal photo of their choice.
RANCHO CUCAMONGA, Calif. -- Members of participating credit unions will be able to scan checks at home and submit to their credit union accounts via the Internet and a shared branching channel, according to an announcement from CO-OP Financial Services.
WASHINGTON -- The Mortgage Bankers of America is now adopting a longer term view of subletting rental space to other companies in order to pay the mortgage on its new headquarters building here.
FORT WORTH, Texas -- CU Members Mortgage, a provider of comprehensive mortgage services to more than 850 credit unions, CUSOs and leagues nationwide has added ten more CUs to its roster in the last two months.
WASHINGTON -- In a program patterned after a Federal Home Loan Bank of San Francisco pilot earlier this year, the Federal Housing Finance Board proposed allowing the Federal Home Loan Banks to expand their Affordable Housing Program homeownership set-aside programs.
PHILADELPHIA -- Philadelphia Federal Credit staffers proved that a simple stroll in the park can make a difference.
MECHANICSBURG, Pa. -- Mechanicsburg Middle School students and AmeriChoice Federal Credit Union have joined forces to honor World War II veterans in the South Central Pennsylvania area with the Honor Bus, an expansion of the Honor Flights Network that flew 137 WWII veterans to Washington, D.C.
TINTON FALLS, N.J. -- United Teletech Financial FCU is gearing up to celebrate Earth Day by giving reusable grocery bags to all who come into its branches that day.
WASHINGTON -- When House Speaker Nancy Pelosi received a letter from the White House opposing an element they believed was contained in Representative Barney Frank's (D-Mass.) draft housing proposal, Frank swiftly responded with a letter of his own, denying the White House's contention.
NEW YORK -- A group of former Countrywide Financial Corp.'s executives are creating a new firm to capitalize on the breakdown in the mortgage-securitization business.
WAKEFIELD, Mass. -- T.K. Keith Company Inc. has changed its name to Primax, the name of the company's back-end merchant card processing system.
RANCHO CUCAMONGA, Calif. -- CU Direct Corp. has announced the speaker lineup for its 10th annual auto lending symposium, which will be held from June 18-20 at the Venetian Resort Hotel and Casino in Las Vegas. The CUDL program is the nation's largest indirect and point-of-sale lending network for credit...
WESTBROOK, Maine -- Synergent Technology Services has converted its 50th and 51st credit unions to its Symitar Episys core processing platform.
BIRMINGHAM, Ala. -- Carolina Postal Credit Union Vice President of Marketing and Business Development Deb McLean has been inducted into Who's Who in America's Credit Unions for 2008.
PLEASANTON, Calif. -- The member was in a bind. He was running out of time. He needed a hike in his credit card limit and he needed it now.
WASHINGTON -- Women may make less than men on average, but they give less to cybercrooks, too, according to a new report.
ATLANTA -- The Georgia Department of Banking and Finance has established the GeorgiaFirst Recovery Coalition to ensure that credit unions and banks are ready to deal with emergency preparedness, disaster recovery and business continuity issues.
COLUMBUS, Ohio -- Financial institutions are fielding calls from thousands of passengers requesting ticket refunds after Skybus Airlines here became the latest in a string of recent carrier collapses and closed shop on April 5.
WASHINGTON -- NCUA Chairman JoAnn Johnson was among a clutch of federal financial regulators reporting progress toward helping Americans improve their financial literacy while acknowledging to federal legislators that there is much more left to do.
BROOKFIELD, Wis. -- Fiserv Inc. said it signed seven new credit union clients to core processing contracts--along with a variety of ATM, debit card, bill pay and online banking solutions--in the first quarter of 2008.
BURNSVILLE, Minn. -- US Federal Credit Union offered attendees of the Burnsville Chamber of Comerce's BITE of Burnsville a taste of Italy.
ODESSA, Texas -- After a long and controversial lead up to the First Basin Credit Union annual meeting, members opposed to the attempted conversion to a mutual bank failed to unseat three board members who had supported the conversion.
ST. PETERSBURG, Fla. -- Credit unions continue to innovate and better manage their credit card portfolios.
ALEXANDRIA, Va. -- The NCUA Board got down to business last week, approving the first of its proposals from the Outreach Task Force as well as proposing expansion of the rules governing credit union service organizations and clarification of the Freedom of Information Act regulation, among other things.
ATLANTA -- After several months of speculation and stalled negotiations, Delta Air Lines and Northwest Airlines announced on April 14 that the carriers will merge to create the world's largest airline, and their affiliated credit unions are bracing for the impact.
MANCHESTER, N.H. -- At an annual meeting, the America's Credit Union Museum board of directors approved plans for a premier showing of a credit union historical video that is being produced to celebrate the 100th anniversary of the founding of the credit union movement in the United States.
ARLINGTON, Va. -- Last week, 38 state agencies and the NCUA met in Tampa, Fla., for the annual NASCUS/NCUA National Regulators Meeting.
CLARION, Pa. -- Clarion University Federal Credit Union members voted to merge with Pennsylvania State Employees Credit Union at a special membership meeting held April 10.
GERMANTOWN, Md. -- Mid-Atlantic Federal Credit Union has marked a milestone with its first small-business loan under the Small Business Administration's 7(a) loan program.
BROOKFIELD, Wis. -- A group of the nation's corporate credit unions have formed a new CUSO and extended their core processing relationship with Fiserv Inc.
WINSTON-SALEM, N.C. -- The YWCA of Winston-Salem has recently honored Truliant Federal Credit Union Community Services Director Marjorie Rorie with the 2008 Women of Vison award.
RIVERSIDE, Calif. -- Three lucky Altura Credit Union members will soon be saying 'aloha.'
BURBANK, Calif. -- The AFTRA-SAG Federal Credit Union virtual branch Web site has made a splash at the 12th Annual Webby Awards.
KOKOMO, Ind. -- Transmission Builders Federal Credit Union has joined the growing number of credit unions opting to move ahead in 2008 with a fresh brand image.
OKLAHOMA CITY -- Tinker Federal Credit Union members have voted and Oklahoma State University pre-med student Chase Vincent is the winner of the What Money Means to Me $2,000 Video Scholarship.
ARLINGTON, Va. - As the economy starts to slow, credit unions with credit card assets worth more than $1 million saw their value as assets rise over all as their portion of overall charge offs drops, according to an analysis of NCUA data from 2003 until the end of 2007...
BROOKINGS, S.D. -- Mike Lee, CEO of the ATM Industry Association, has argued in a lengthy opinion piece that cash is likely to remain the dominant payment method for at least the next 25 years and maybe for the next century.
DEER PARK, Texas -- Introducing risk-based pricing to a fixed-price card program is axiomatic to bolster lackluster card portfolio performance.
DES MOINES, Iowa -- The $119 million Pacific Resource Credit Union has signed a long-term contract and converted its ATM and debit card processing to The Members Group, making the Des Moines-based financial services organization Pacific Resource's complete card services provider.
DALLAS -- TNB Card Services, the card processing arm of credit union-owned Town North Bank, has announced that another CU has moved its card processing to the CUSO.
LATHAM, N.Y. -- A summit on plastic cards drew more than more than 60 credit union professionals from New York, Pennsylvania and some New England states, according to the New York Credit Union League. The second annual Plastic Card Forum in Ledyard, Conn., jointly hosted by Covera Card Solutions, New...
RANCHO CUCAMONGA, Calif. -- Attendees of CO-OP Financial Services' Think 2008 conference faced a line up of speakers drawn from among the stars of the contemporary U.S. business scene, CO-OP announced.
DALLAS -- TNB Card Services, the card processing arm of credit union owned Town North Bank, has joined the Payment Card Industry Security Standards Council.
ST. PETERSBURG, Fla. -- PSCU Financial Services, a card processing CUSO for more than 500 credit unions that process cards on the First Data Corp. platform, has announced that it is the first CUSO to launch contactless cards for credit and debit platforms.
MILWAUKIE, Ore. -- At Clackamas Federal Credit Union anything goes during Youth Week. From a life-size kangaroo hopping into branches to money giveaways, the credit union has plans to amaze and engage its younger members.
DUBLIN, Ohio -- Forget just a week, Ohio credit unions are recognizing April as Financial Literacy Month and reminding parents and educators about the importance of teaching financial education at home and in the classroom.
LATHRUP VILLAGE, Mich. -- In an effort to further promote financial literacy, Michigan First Credit Union has teamed up with GreenPath Debt Solutions and Wayne State University to host a series of events during Michigan's Money Smart Week, April 20-25.
SANTA ROSA, Calif. -- Redwood Credit Union will be celebrating National Credit Union Youth Week with the national theme "Got Green? Grow It at Your Credit Union!"
WEST LAFAYETTE, Ind. -- Purdue Employees Federal Credit Union is ready to meet the challenge of helping to raise the financial IQ of its young members.
In light of the economy's current situation, many credit unions have cut back on credit card offerings. But times like this should actually be seen as an opportunity for credit unions to be there for their members and strengthen loyalty. For years, credit unions have operated under the philosophy of...
I'm going to challenge the assumption that this country has a need for financial education.
Credit unions are to be lauded for their financial education efforts. As demonstrated by credit unions' activities during April, National Financial Literacy Month, they have jumped in with both feet.
ARLINGTON, Va. -- NAFCU recently asked Flash survey participants about the importance and various sources of noninterest income as well as problems related to it