Credit unions should continue to throw themselves body and soul into fighting a looming cap on debit card interchange, but should do so without any significant expectation that they will succeed.
The nation's two nationwide shared branching networks took large strides into member service and mobile banking with two announcements at CUNA's Governmental Affairs Conference last week.
A new partnership between Financial Service Centers Cooperative Inc and a leading online foreign exchange company now allows participating CUs to offer their members foreign exchange.
Say farewell to the wisecracking, brainy lawmaker from suburban Boston and say hello to the soft-spoken, courtly former lumber company owner and trial lawyer from Birmingham, Ala.
Saying that the recovery isn't occurring fast enough, the Federal Reserve announced today it will buy $600 billion of U.S. government debt over the next eight months.
Credit unions are very proud of their heritage, and they should be. Credit unions, individually and as an industry, grew from nothing to serve tens of millions of members nationwide.
In today's ever evolving financial services marketplace, credit unions should start paying for qualified board members.
LAS VEGAS -- The American Credit Union Mortgage Association wanted attendees at its 2010 annual conference to walk away with two convictions.
American credit unions aren't subject to international capital requirements, but changes to these requirements could prompt the U.S. government to allow supplemental capital.
Accounts of up to $250,000 at credit unions and banks would be permanently insured beyond the current expiration date of 2013, as a result of an amendment approved last week by the House-Senate conference committee on regulatory overhaul.