Credit Union Times | Accurate and Timely CU News

Card Affinity Programs at Colleges Show a Decline in Growth

By David Morrison

The Federal Reserve's most recent report about cards issued in affinity with colleges and universities has shown how the overall college and university affinity market has contracted slightly over the last year but also provided credit unions with card-issuing opportunities.

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Mergers That Slash and Burn Are Denounced

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REOs Grow at Nation’s Credit Unions

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July 17, 2011

iBelong Campaign Dues in Pa. Are Dropped

The concept of mandatory dues to pay for industry-sponsored awareness campaigns looks to be ending. The Pennsylvania Credit Union Association said it was ending a four-year-old rule financing the iBelong campaign out of concern it might lose disaffiliating members because of the economy and internal costs.

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July 17, 2011

NCUA Liquidates CU Linked to Online Poker

The $8.1 million Vensure Federal Credit Union, the Arizona credit union that at one time made most of its money by processing transactions for Internet poker sites, is no more. The NCUA announced it has liquidated the Mesa-based credit union on July 11, the same day a court case...

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July 17, 2011