GONZALES, La. - While credit unions have so far remain relatively unscathed by the accounting debacle that struck Wall St., one CU is taking its accountant to task for failing to perform its duties to the credit union. The $35 million Ascension School Employees Credit Union, based in Gonzales, Louisiana,...

NAPERVILLE, Ill. - The ICUL Service Corporation (ISC), the Illinois Credit Union League's subsidiary CUSO, has acquired two credit unions' credit card portfolios. ISC would not identify the credit unions that made the sale by name, but identified them as $100 million institutions on the East Coast and in the...

LATHAM, N.Y. - The New York Credit Union League is trying to give CU portfolios a jolt. The League researched the strengths and weaknesses of other institutions' credit card offerings for at least a year in preparation for their new credit card offering "card in a box," according to Kimberly...

MARKS, Miss. - Two small Mississippi credit unions have found that their members, like the Mississippi Delta region they live in, have both benefited and suffered as the region has adapted to the arrival and growth of legal, organized, gambling that has taken place in recent years. According to the...

NEW YORK - For the National Federation of Community Development Credit Unions (NFCDCU) the October 18 celebration of Financial Literacy Day represented far more than a nod to a perennial credit union goal. It gave the Federation the opportunity to celebrate where it has been and to highlight many of...

ARLINGTON, Va - Even if Congress and the Administration were to allow federally chartered credit unions to cash the checks of some non-members, as the pending Regulatory Relief bill would do, it is unlikely a large percentage of credit unions would rush to offer the service, according to various credit...

BOSTON - A $135 million state chartered credit union has sued the Massachusetts Commissioner of Banks for the permission to attempt to convert from a state chartered credit union to a federally chartered mutual savings bank. Commissioner of Banks, Thomas J. Curry, and the NCUA have denied Postal Community CU's...

ATLANTA - InfiBank, a noted purchaser of credit union credit card portfolios, has entered into an affiliate program with an organization which has a new model of the now familiar affiliate marketing: personal affiliate marketing. Essentially, the bank has entered into an agent bank relationship with an organization called Eufora....