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The debate continues over how much, if any, of U.S. Central Federal Credit Union’s December capital losses will be absorbed by retail corporates....

Credit unions could be playing defense again as Congress makes another attempt to put additional regulations on credit card issuers....

Superior Choice Credit Union is suing the NCUA, alleging it sold loans improperly when acting as conservator for the now-defunct Norlarco CU....

The NCUA has filed an $11.8 million claim to recoup losses against the estate of a deceased financial adviser who worked with the defunct New London Security Federal Credit Union....

Despite suffering a $46 million loss in 2008, Texans Credit Union said it is ready to travel the road to recovery....

When Coast Capital Savings recently set up an eight-foot greeting card in busy, downtown Vancouver lambasting bank fees, it didn’t take much prodding to get people to sign it....

As an example of the industry’s push to economize, the Alabama and Florida Credit Union Leagues gave final approval to their combination....

While last year’s Life Takes Visa ad campaign depicted Visa credit card uses for trips to the Olympics or other exotic travel,...

Credit unions that want to make more business loans could get their wish....

The National Credit Union Foundation announced that its Credit Union Development Education training class is already half full with paid registrations before marketing materials were even launched....

Truliant Federal Credit Union Marketing Communications Supervisor Ryan Shell was recently named one of the The Triad Business Journal’s top 40 leaders under 40....

CUDL and Prime Alliance announced the speaker line-up for their new joint symposium....

Wauna Federal Credit Union President/CEO Robert Blumberg, Mohawk Valley CU CEO Crystal Sicilia, and City Federal CU CEO Kevin M....

In a move to better align its chief operating officer’s duties to touch every spot of member contact and membership growth,...

The American Institute of Certified Public Accountants released accounting guidelines for credit unions March 10 to assist in accounting for the costs associated with the NCUA’s Corporate Stabilization Plan....

CUNA Mutual Group and its wholly owned property casualty subsidiary CUMIS Insurance Society,...

Nobody wants a visit from the repo man, and it’s times like these that keep him pretty busy....

The $247 million Picatinny Federal Credit Union continued legal action over alleged fraud committed by Pine Brook, N.J.-based U.S. Mortgage Corp. and its subsidiary, CU National Mortgage....

The sudden shutdown of Central States Mortgage Co.’s 220-employee headquarters in Wauwatosa, a Milwaukee suburb,...

Credit unions may have to gear up to defend their lending practices and other efforts to serve the underserved....

Citing her work on behalf of credit unions, the Credit Union Association of New York gave U.S. Rep. Nydia Velázquez (D-N.Y.) its legislator of the year award....

Special Report

Last August, Cornerstone Community Financial started offering Auto Financial Group’s driving sense product to provide members with financing options as the Big Three auto makers announced lease program terminations....

CUcorp announced that it has added two new partners to the Invest in America program....

CUDL announced that over 150 credit unions nationwide have now signed up for its new decision manager decision engine....

It’s almost impossible to avoid. Turn on any TV or pick up any newspaper and you’re sure to find at least one story about the struggling economy and its negative impact on the financial services market....

Columns

Editor-in-Chief's Column
An entity is considered relevant or not based upon its connection or importance to the times. Given the fall from grace of the for-profit,...

These days the media is routinely displaying stories about how bankers spend huge amounts of money, presumably taxpayer money,...

Battle lines have been drawn between consumer groups and financial institutions–and between credit unions–on legislation regarding mortgage cram-downs....

In the wake of the announcement of what would be the biggest credit union merger to date between GTE Federal Credit Union and Suncoast Schools Federal Credit Union,...

There are strategic differences in credit union circles today about what promises to be a tough 2009,...

In credit union board meetings I have been presenting research explaining how the country and CUs spiraled into a financial and economic catastrophe,...

People

Jeanne D’ Arc Credit Union, Lowell, Mass., announced the following promotions: Jennifer Burgess is the new assistant treasurer and loan servicing manager....

Other

With the challenges financial institutions are facing today, experience is a good thing, but getting a fresh young perspective on things can also be important....

Florida Commerce Credit Union announced that its chief financial officer has been appointed as the credit union’s new CEO....

ORLANDO, Fla. — While credit cards are the most profitable credit union loan portfolios,...

ORLANDO, Fla. — One approach to preventing fraud is to build Falcon strategies based on previous fraud strategies....

ORLANDO, Fla. — Credit union card consultants attending at the school observed a greater percentage...

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