WASHINGTON - The U.S. Treasury Department's Community Development Financial Institutions Fund reversed course this year when it came to credit unions. Whereas last year the Fund only granted just over $1 million to four credit unions or credit union affiliated organizations, this year 10 credit unions or affiliated organizations received...

DALLAS-FORT WORTH - If everything stays on track, the $4 billion American Airlines FCU will roll out its credit card program to its 205,000 members in November of this year. When it rolls out the program, which has taken three months longer to put together than the credit union anticipated,...

WASHINGTON - The Supreme Court this week opened the door for credit unions to begin to issue American Express cards, but how many will choose to do so or be able to do so remains very uncertain. The Court made the decision by refusing to review a lower court ruling...

TAMPA, Fla. - In the credit union credit card processing realm it doesn't get much bigger than this. In a move which one employee said resembled a homecoming, the $4.2 billion SunCoast Schools FCU decided to switch processors from First Data Corporation and to leave the PSCU Financial Services cooperative....

WASHINGTON - No matter how much spirit and optimism it contains, there is almost no way to escape the initial impression that the building housing H.D. Woodson High School, in Washington DC, really houses a prison and not an institution of learning. Its walls rise, concrete and sadly bunker-like, over...

TALLAHASSEE, Fla. - Credit unions across the state began the work of cleaning up after Hurricane Jeanne last week. But for too many, cleaning up after Jeanne meant just clearing away the latest layer of rubble on top of the damage from the previous storms as credit unions and credit...

WASHINGTON - Allpoint ATM Network, the nationwide ATM network whose pricing vehicle has proven popular with some credit unions, has taken steps to sign more community banks on as clients. Headquartered in Bethesda, Maryland, the Allpoint Network serves as a mediator between ATM deployers and financial institutions that wish to...

ARLINGTON, Va. - Could a large lump payment to a credit union CEO have led to his credit union choosing one merger partner over another? That is the one of the questions arising as, on September 20, the 4,700 members of the $24 million Progress Credit Union, headquartered in Warrenville,...