News

ALEXANDRIA, Va. -- Federally chartered corporate credit unions would be allowed to assess annual membership fees and increase the amount of retained earnings, according to proposed rules issued today by the NCUA.

The ubiquitous LOANLINER documents from CUNA Mutual Group can now be signed electronically, using a new interface developed with Integrated Media Management.

The topic was "merger strategies" at this week's annual convention of the California/Nevada Credit Union League but one CEO and session panelist has apparently found himself out of a job.

The nation's retailers may be prepping for Nov. 26's Black Friday but in Pennsylvania the $25 million Postmark Credit Union of Harrisburg is getting ready for "Cyber Monday" when it holds a cut-rate, one-day-only loan sale.

The $3 billion Mid-Atlantic Corporate Federal Credit Union, long ranked among the healthiest, made clear this week it remains on its own in serving its credit union base and is apparently not joining any CUSO consortium.

Although retail industry analysts have been generally looking for increased shopping activity this holiday season, a survey from Consumer Reports predicts less activity for the day after Thanksgiving.