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CUNA and NAFCU were working to minimize the damage to credit unions on interchange fees and other aspects of a bill to strengthen credit card regulation that was being debated in the Senate at press time....

The $32 billion U.S. Central Federal Credit Union reported last week a $687 million other than temporary impairment for first-quarter 2009....

The fate of the stabilization fund for corporate credit unions could be decided in the House this week as a congressional panel directs its attention to the health of the corporate credit unions....

The ongoing recession pulled down another firm last week when TNB Card Services announced the sale of its $300 million portfolio ...

A lawsuit has been filed by Credit Union Liquidity Services LLC, a Texans Credit Union CUSO,...

The NCUA will remain the owner of houses in Florida, at least for the time being....

Credit unions now have another option to provide members surcharge-free ATM access....

Since Eastern Financial Florida Credit Union was placed in conservatorship more than three weeks ago,...

Seven former credit union employees have been banned from working at federally insured financial institutions because they have been convicted or pled guilty to crimes or agreed to a consent decree....

Not long after Chrysler announced it was filing for bankruptcy, the Big Three automaker also announced it was reinstating incentives for the Invest in America program....

A two-day car sale held by Michigan First Credit Union not only exceeded previous years numbers in total cars sold, ...

GREENBELT, Md. — The NCUA should be careful when revamping the corporate credit union system so as not to deprive natural person credit unions of vital services,...

With 2008’s loan portfolio activity passing 2007’s by 32%, Member Business Services said the momentum is continuing despite California being among the country’s hardest hit states when it comes to lending....

Like her predecessors, Karen Mills has taken up the torch of increasing the number of credit unions that are Small Business Administration lenders....

While raising the 12.25% member business lending threshold has been a front burner issue for the credit union industry for some time,...

In times of financial struggle, some of the first things that people let fall by the wayside are car payments and car insurance payments....

Though Senate Banking Committee Chairman Christopher Dodd (D-Conn.) has for a long time been interested in clamping down on what he sees as misleading practices...

To combat a low penetration rate on transaction accounts, Pacific Service Credit Union has launched four new checking accounts....

Western Corporate Federal Credit Union is preparing to launch a consumer economic podcast that features Dwight Johnston, vice president of economic and market research....

Credit Union Service Network clients can now receive external call center support services through CUNA Mutual Group’s LoanLink Center....

Departments

Tech Bytes
Chris Langley is looking to beat the big boys in lender lead generation at their own game, and he’s inviting his credit union colleagues to join in....

Hawthorne Credit Union in Naperville, Ill., is now offering mobile banking. ...

Michigan First Credit Union is now offering its 71,000 members an Internet banking Web site that includes the features of personal finance management software....

PSCU Financial Services is now processing more than a million messages a day on a new gateway data hub centered on software from Metastorm,...

Special Report

As credit unions keep an even closer eye on budgets, HR departments scurry to adjust salaries and benefits and make certain their credit unions are operating as efficiently as possible....

In a highly competitive environment, a credit union must have the right people in place doing the right things at the right time to continually create value internally that is felt externally....

Coping with tough times means communicating with employees–and too many top executives aren’t doing a good job....

Credit union recruiting and retention is a different ballgame these days. The poor economy, loan losses, corporate stabilization costs and market uncertainty demand...

Columns

Editor-in-Chief's Column
Washington is still finding time for credit unions despite all the turmoil in the financial markets and the economy....

Connex Credit Union, North Haven, Conn., has been recognized by the Connecticut Credit Union Association as the No. 1 credit union...

The CUTimes.com poll published on April 29 shows an urgent need for Credit Union Development Education training on the competitive advantages of the credit union charter....

To burden credit unions with the cost of funding NCUA’s Stabilization Plan during a recession merits comment....

Jeffrey Pfeffer, a Stanford professor and author, points out that Detroit automakers have pandered to Wall Street rather than listen to their customers,...

Credit unions feel as if they are being hit in all directions. From the overall economic downturn to the corporate credit union crisis to the mortgage lending mess,...

There has never been a more appropriate time for all financial institutions, particularly CUs,...

Data from Callahan & Associates’ “First Look” program showed that while credit union operating expenses have increased from last year,...

Other

Navy Federal Credit Union, Vienna, Va., opened its newest branch in Stafford. The branch will serve more than 15,000 Department of Defense personnel and ...

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