Like other corporates, the $4 billion Southeast Corporate Federal Credit Union said today it is on target to submit its final business and capital plans to the NCUA by March 31. It continues to receive support from its member owner credit unions, it says, as evident from a webcast last...
Comment letters, congressional testimony and in-person visits with lawmakers in Washington are key components of a concerted strategy to kill, delay implementation of or at the least modify the Federal Reserve’s proposed rule on debit interchange fees.
A new money transfer service in Des Moines, Iowa, has drawn a $1 million investment from two Iowa CUSOs.
Credit unions may soon have another alternative for their payment system processing through a new CUSO scheduled for launch by the corporate credit union network.
NAFCU has written a letter to the Federal Reserve expressing concerns that the debit interchange cap that the Fed is currently writing may wind up impacting credit unions as well as large banks.
The $3 billion Mid-Atlantic Corporate Federal Credit Union, long ranked among the healthiest, made clear this week it remains on its own in serving its credit union base and is apparently not joining any CUSO consortium.
CUNA President/CEO Bill Cheney announced today that his association is going to commission a quick external analysis of the industry's needs and create a committee to formulate additional proposals.
The Association of Corporate Credit Unions today announced that a CUSO will be formed for credit unions payment systems.
Corporate credit unions are quite the unpopular kid at prom these days.
With a vested stake in nearly a dozen CUSOs, Workers' Credit Union has tried, tested and proven theories on why it makes operational sense to extend its reach in several directions.