Building on its previous success and experience with purchasing credit union credit card portfolios, TMG Financial Services has announced it will do something similar for other CUSOs seeking credit lines.

Community development credit unions that applied for funds from the Community Development Capital Initiative have started to receive them.

The Fair Isaac Corporation, the parent of the widely used FICO credit score, is emphasizing the ways some of its analytical tools can help credit unions and other card issuers better target their card offers.

A study from the Federal Trade Commission has found insufficient evidence that installing electronic alarm systems at ATMs would do much to prevent or deter crime at the cash machines.

An article in the Hartford Business Journal speculates that the mutual holding company structure, long a popular option for credit unions converting from credit union to bank charters, may be on its way out.

LAS VEGAS -- Two Realtors and real estate consultants strongly encouraged credit union executives to expand their credit unions' role as mortgage lenders and offered practical tools to help them.

LAS VEGAS -- Two executives whose credit unions have been hit hardest by the mortgage crisis shared some of their wisdom about mortgage loss mitigation.

Tom Millon, founder and CEO of Capital Markets Cooperative, told credit union mortgage executives attending the ACUMA 2010 Fall Conference that there is still a market for high-quality, jumbo mortgage loans.