TNB Card Services, the card portfolio purchasing and management arm of credit union owned Town North Bank, has issued a white paper that the firm hopes will help more CUs improve their credit card programs. Credit unions which issue cards have seen an uptick in their card performance for a...

CO-OP Financial Services has announced a new account manager for its subsidiary CO-OP Network.

While it's clear that former CUNA leader Herb Wegner would almost certainly appreciate the awards named for him, one of his former employees is not entirely sure he would approve of them.

Tom Dorety, the CEO of the $5.9 billion Suncoast Schools Federal Credit Union and the incoming CUNA chairman, sees days of challenge and opportunity ahead for credit unions as they seek to serve their members through one of the more significant economic downturns the U.S. has seen recently.

The $1.19 billion Credit Union of Texas sold its credit card portfolio to FIA Card Services, the card issuing subsidiary of Bank of America, making it the biggest sale in what has otherwise been a down year of card portfolio sales.

Although most credit union members and even many CU staff fail to recognize it, they are part of a global industry that has roots in the U.S. going back to revolutionary times.

Even as the question of whether credit unions should have a community reinvestment component to their regulation reappears on the national agenda, credit unions remain unified in responding "no."

NCUA Board member Gigi Hyland used her appearance before CUNA's Governmental Affairs Conference to urge credit union leaders to read the report of the Outreach Task Force, consider it with other leaders and share their thoughts with the agency.