The Center for Economic Progress, a leading nonprofit working to improve the economic condition of lower income families, believes that more credit unions and credit union members would benefit from more CU involvement with the VITA program.

The federal law, which will prevent members of the military from being charged more than 36% for most sorts of loans, goes into effect on Monday and has earned the praise of three long-term opponents of payday lending.

The $180 million Continental Federal Credit Union, headquartered in El Segundo, Calif., has moved its 15,000-card debit portfolio to PSCU Financial Services. PSCU Financial Services is the payment processing CUSO that serves over 500 credit unions who use the First Data Corp. card platform.

The $180 million Continental Federal Credit Union, headquartered in El Segundo, Calif., has moved its 15,000-card debit portfolio to PSCU Financial Services. PSCU Financial Services is the payment processing CUSO that serves over 500 credit unions who use the First Data Corp. card platform.

In filings before the Federal District Court for the Eastern District of Virginia NCUA has argued the Coalition for Credit Union Charter Options still lacks standing to bring its suit against its regulations overseeing credit union to bank charter changes.

The $219 million Harvard University Employees Credit Union has become the first CU in the country to issue debit cards with PayPass, MasterCard's contactless card technology.

While having long been strong supporters of U.S. Treasury Department's Community Development Financial Institutions Fund, credit unions have not always received as much from the Fund as they might have. This year is not one of those years.

Financial Service Centers Corporation, the national shared branching network which is headquartered on the West Coast, is celebrating today as the full compliment of 2,000 shared branching locations comes on line.