News

SAN FRANCISCO — A new collections solution presented at Finovate this week was both "big brother" and new efficiencies to some.

Community banks and credit unions have little faith that merchants won’t discriminate against debit cards from small issuers, they said in a letter to lawmakers yesterday.

A longtime member of the $1.5 billion, Bakersfield, Calif.-based Kern Schools Federal Credit Union told Credit Union Times she is pulling funds out of the credit union after a system upgrade resulted in an unauthorized account access change for her family.

A Baptist church in tornado-ravaged Tuscaloosa, Ala., is getting credit union funds this week thanks to some spadework of Corporate America CU.

SAN FRANCISCO — Credit union participants at the Finovate 2011 conference seek collaboration beyond the comfort zone.

Managers of Memphis area credit unions were crossing their fingers Tuesday that they could avoid evacuation orders even as they continued issuing alerts to members to be careful of high water as they approached CU facilities.