NEW YORK - Two former credit unions that converted to banks made their initial showing on Wall Street very profitable. Citizens Community Bancorp (CZWI) is the stock issuing owner of Citizens Community Federal Bank, headquartered in Eau Claire, Wisconsin and Kaiser Federal Bancorp (KFED) is the stock issuing owner of...

VANCOUVER, Wash. - After an at times ugly and contentious meeting that appeared to pit the employees of Columbia Credit Union against some of its members, the eight directors at risk of recall barely escaped with their seats in tact. Although Columbia had said it would start registering attendees to...

WASHINGTON - A coalition of consumer and cooperative organizations has commissioned a study which recommends credit unions and cooperatives of all sorts adopt some similar basic strategies to fend off attempts to convert them to a stock or investor model of ownership. The coalition members included the Consumer Federation of...

ARLINGTON, Va. - Can credit unions maintain and exploit an apparently growing difference between their own card programs and those of other issuers? While consumers have long been familiar with the notion that credit unions' customer service for cardholders exceeds that provided by other card issuers, relatively few may yet...

VANCOUVER, Wash. - As the date established for its special meeting drew steadily closer, both the $619-million Columbia Credit Union and the members who seek to recall eight of its board members continued their legal jockeying. The eight board members face possible recall at a special meeting scheduled for 3:00...

DALLAS - When the almost $4 billion American Airlines Federal Credit Union finally starts a credit card program, it might do so using some of the most cutting edge and innovative card reward programs in the industry. Certegy, the credit card processing firm for many credit unions headquartered in Alpharetta,...

ECORSE, Mich. - Another credit union has taken the step of installing technology at one of its ATMs that will enable cardholders to call for help via the 911 network, furthering the debate over whether ATM deployers should seek to assist machine users who might be in trouble. Michael Chmiel,...

WASHINGTON - As the deadline to file Federal tax returns draws steadily closer, 25,000 low-income Americans who apply for the Earned Income Tax Credit will face additional checks of their data and returns before they receive their credit. The Internal Revenue Service estimated that 21 million taxpayers claimed the EITC...