Did the credit union industry do enough to persuade legislators to include an amendment that would have raised the member business lending cap in a newly signed $30 billion small business lending law?
NCUA's final Part 704 corporate rules, released Sept. 24, contained few revisions to the agency's initial proposal. Most rules will become effective 90 days following the publication of final regulations in The National Register.
The three corporate credit unions placed into conservatorship Sept. 24 bring the total of seized corporates to five. Operations will continue at all five corporates.
After months of speculation, the NCUA revealed on Sept. 24 a "good bank, bad bank" plan to deal with corporate legacy assets.
As the birth of a new corporate credit union model emerges, the CUSOs owned by the three corporates that were recently placed
Pulling out all the stops, the credit union trades were in damage control mode all last week to tamp down public worries about credit union safety and soundness and a "credit union bailout,"
The decision-making process began in earnest last week among credit union managers and the leaders of state leagues on the next step in dealing with possible alternate vendors for wholesale services as a result of the corporate seizures.
In politics, the party that controls Congress usually gets the lion's share of the campaign money.
TMG, a card processing CUSO affiliated with the Iowa Credit Union League, announced that it is making anti-skimming technology available to its member CUs that seek additional protection for their ATMs.
The NCUA issued orders prohibiting two former credit union employees from
If your paycheck shrank a little last year, you're not alone.
At the same time it affirmed its confidence in corporate credit unions, CO-OP Financial Services yesterday also made it clear that it was willing to offer its services in helping CUs move to alternate payment processors.
The revelation that NCUA sold $800 million worth of U.S. Central FCU and Western Corporate FCU securities in mid-September
More work preparing for exams and additional compliance requirements throughout the year.
After 52 years Baptist Hospital Credit Union has reinvented itself as Life Credit Union.
Three more billion-dollar credit unions have committed to the DeposZip Mobile remote-deposit capture solution offered by Vertifi Software LLC, the tech subsidiary of EasCorp in Burlington, Mass.
The third annual nationwide Protect Your Identity Week will be observed Oct. 17-23, a joint project of the Council of Better Business Bureaus and the National Foundation for Credit Counseling.
Ent Federal Credit Union has launched its new online banking system, featuring a number of new personal finance and security features, according to the $3.1 billion, 201,000-member institution in Colorado Springs, Colo.
According to new data from the SBA, an estimated 552,600 new employer firms opened for business and 660,900 firms closed shop in 2009.
The GPO Federal Credit Union will administer a $650,000 government loan to renovate a stone mill built in 1839 to include tourism and business spaces.
Biz Kid$, the industry-funded and nationally syndicated financial education program on PBS,
Lafayette Federal Credit Union is joining the business analytics revolution, deploying the kind of sophisticated technology that used to be found only at big corporations to help it better
With emerging trends in data replication, credit unions now have a cost-effective, efficient and more technically advanced alternative to current tape-based disaster-recovery scenarios.
A $51 million Indiana credit union is the first of 350 credit unions running on the HomeCU online banking platform to deploy the targeted banner solution from Deep Target Inc.
A new fraud-fighting network launched by Microsoft and a cyber-crime fighting alliance includes a pair of Washington state credit unions among its first participants.
Financial institutions are not alone. A leading cyberfraud watchdog group said that social networking, online classifieds and online gaming industries are increasingly the focus of phishing gangs out looking for personal account information.
Full commercialization of the new Secure Vault Payments network from NACHA has gotten under way, the organization said.
Credit unions could use a charismatic leader right now. Who is going to rallies the troops to get this splintering industry to-well-cooperate
When it comes to marketing today, whether at the local or national level, online or offline, knowledge of consumer behaviors and life events has become an essential tool for customer acquisition and retention. Because these life events
Andrews Federal Credit Union, Suitland, Md., announced Jim Hayes as its new executive vice president/chief financial officer.
Spread the word to young people in your area that, like buying locally grown food from a farmer's market or purchasing fair trade products, joining your credit union is another way they can vote with their dollars to make the world a better place.
A recent Celent report finds that while the majority of financial institutions said improving branch sales and service performance was their top branch-channel priority, few have invested in technology to help realize that goal.
OnPoint Community Credit Union has branched out in Deschutes County. The Portland, Ore.-based credit union's three new branches will create 26 jobs for the Bend and Redmond communities.
InvesTex Credit Union recently broke ground on a new branch in the Houston Heights area to relocate current operations from its North Loop 610 West location.