DES MOINES, Iowa -- The Members Group is working hard to convince more credit unions to consider offering gift cards and other prepaid products, even during non-Holiday times of year, and the Group has produced a white paper to make that case.

SUGAR LAND, Texas -- The $300 million Houston Federal Credit Union has purchased three stand- alone, shared branching facilities from Credit Union Resources, Inc., an affiliate of the Texas Credit Union League that owned them.

A legislative move to offer regulatory relief to banks with less meat for credit unions drew frenetic credit union lobbying and then opposition before it was finally withdrawn this week.

Navy Federal Credit Union has received the Department of the Navy 2007 Combined Federal Campaign President's Award. The award was presented at a CFC Awards ceremony held at the Pentagon Jan. 30, according to the CU.

Back-to-back surveys of card portfolio sellers have continued to find a surprisingly high degree of dissatisfaction among credit unions that sold their card portfolios--leading one top card brokerage firm to recommend that CUs proceed with caution when considering such a move.

In a move that could provide credit unions with a significant new option for helping lower income and underbanked communities, CO-OP Financial Services has announced the release of a reloadable debit card, which will also allow access to the CO-OP's nationwide network of surcharge-free ATMs.

Credit unions took the Little Guy, CUNA's cartoon character meant to represent credit union's service to its members, to make another visit to federal lawmakers recently.

NCUA Vice Chairman Rodney Hood helped the $10.5 million Georgetown University Alumni and Student Federal Credit Union celebrate its 25th anniversary and recognition as the largest student run CU in the country.