Credit unions would see fewer loans fall into significant delinquency if they reached out to borrowers earlier, a collections specialist says.

Retired Texas credit union leader feted for, among other achievements, helping to create CU4Kids.

SNL Financial sees shakeout coming, especially among younger mortgage finance firms.

The Federal Reserve announced in an Aug. 21 court hearing it will defend its current debit interchange rule before an appeals court. And in a twist, the Fed also said it will join forces with its opponents to seek a speedy appeal decision.

Credit reporting firm TransUnion reported Aug. 13 that the ratio of credit card accounts that are more than 90 days past due dropped to 0.57% in the second quarter of 2013, down from 0.63% in the second quarter of 2012. That 0.57% is only one basis point from the all-time...

A CUSO created to help a credit union manage foreclosed property has begun to play a role in a citys economic redevelopment.

An irate judge threw the Federal Reserve another curve ball during an Aug. 14 hearing when he gave the regulator until Aug. 21 to persuade the court why its 21-cent interchange debit cap should not end.

Credit cardholders who routinely pay only their monthly minimums present double the credit risk as those who pay more, even if only slightly more, according to a new study.