The $113 First Basin Credit Union, headquartered in Odessa, Texas, has filed an application with the Office of Thrift Supervision to change its charter to that of a federal mutual bank. The agency listed November 22 of this year as the date by which they will have to make a...

Any members of the $113 million First Basin Credit Union who may have commented on the CU's possible charter change would have done so without the CU's leadership ever admitting it sought to change to a bank charter.

Triton, the ATM manufacturer that is headquartered close to the Gulf Coast and had to close its doors for a time in the wake of Hurricane Katrinia, had commemorated the second anniversary of recovery from the storm with an ATM donation.

A pending trip to attend a conference of Russian and Eastern European credit union leaders is giving Clifford Rosenthal, the Executive Director of the National Federation of Community Development Credit Unions a chance to feed some of his Russian roots.

PSCU Financial Services, the card processing and payments CUSO for over 500 credit unions which use the First Data Corp. card platform, is rolling out a new effort that is aimed at helping member CUs develop people, as young as age 12, as CU members.

It's unclear what impact a growth in defaults among credit cardholders generally will necessarily have on holders of credit union issued cards, analysts said.

It's unclear what impact a growth in defaults among credit cardholders generally will necessarily have on holders of credit union issued cards, analysts said.

Membership in Card Services for Credit Unions, the association of credit unions that use the Fidelity National Information Systems card platform, has just made membership in the organization in 2006 free to its members.