A Utah chartered credit union that told its members in March that it was contemplating moving to a bank charter has filed an application for the move with the Office of Thrift Supervision.

Documents have come to light that suggest the $296 million Lafayette Federal Credit Union initially lost the ballot on whether or not to convert to a mutual bank charter and may have prevented a vote recount and certification that could have shown that loss.

The $51 million Latino Community Credit Union is one of four community development financial institutions that are finalists in competition for a package of loans and grants that could be as much as $5.5 million.

The California Credit Union League expressed disappointment and a degree of shock that Governor Arnold Schwarzenegger vetoed a measure THAT would have moved the card industry's data security standards into state law.

The California Credit Union League expressed disappointment and a degree of shock that Governor Arnold Schwarzenegger vetoed a measure THAT would have moved the card industry's data security standards into state law.

California Governor Arnold Schwarzenegger has vetoed a bill that would have incorporated card industry data security standards into state law.

California Governor Arnold Schwarzenegger has vetoed a bill that would have incorporated card industry data security standards into state law.

Asset Exchange, the a former leading broker of CU card portfolios will be urging credit unions take a more cautious stance toward the still controversial transactions as part of a web event sponsored by a well known portfolio sale opponent.