The $21 billion State Employees' Credit Union credits its Mortgage Assistance Program for helping it keep the increase in foreclosures to just six basis points over the last five years.

The news that some large banks have been cutting corners on the foreclosure process will most likely keep the U.S. housing and mortgage markets from recovering as quickly they could, according to housing and mortgage experts.

A Maryland credit union has used programs from CO-OP Financial Services to help renew debit card usage among members whose debit card use had been falling or remained flat, according to the CUSO.

A Minnesota based national bank has challenged the constitutionality of the law that would, for the first time, regulate debit card interchange.

Credit unions seeking higher profiles in their local communities are increasingly starting their own foundations as ways to do well by doing good.

Members of credit unions that participate in the National Credit Union Foundation's Real Solutions program save $200 million per year nationwide, according to the Wisconsin Credit Union League.

Members of the $14.3 billion Pentagon Federal Credit Union have responded with enthusiasm to a program that allows them to make deposits from the convenience of their homes.

Credit unions that participate in the Allpoint ATM Network will soon be able to offer their members surcharge-free ATMs in Australia as well as around their local communities.