News

Representatives from credit unions were among the attendees at a seminar today by the Department of Labor on how employers can better understand and comply with rules and regulations governing employer-sponsored 401(k) plans.

Credit unions eager to give their members gift card opportunities as the 2007 December holidays draw closer have signed up with the The Members Group for its ATIRAgift card, the CUSO has announced.

American Partners Federal Credit Union said it is "confident" that it "did nothing wrong" in a case involving members who have filed a lawsuit over $1.3 million in investment losses.

Nearly 30 members of American Partners Federal Credit Union claimed to have lost $3 million of their retirement savings through an investment advisor working at the credit union and 14 have filed a lawsuit against both to recover their money.

U.S. Circuit Judge Claude Hilton decided he did not have to hear oral arguments in order to decide if he should dismiss the lawsuit brought by the Coalition For Credit Union Charter Options against NCUA.

The National Association of Credit Union Chairmen's 31st Annual Chairmen's Roundtable Forum opened at the Williamsburg Lodge with a new twist.

NCUA board members will consider whether or not to approve a final version of a rule on federal credit union bylaws, including whether and how many of the bylaws should be part of the agency's regulations.

Market research firm Synovate says that consumers will receive slightly less direct mail offers from credit card issuers in 2007 than they did in 2006.