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Grameen America, once eyeing North Carolina for the launch of a federal credit union, will receive a $450,000 grant to help spur small business growth in low-income communities there.

The NCUA's rescue plan for corporate credit unions should "cast doubt on the wisdom and the fairness of their tax-exempt status," Independent Community Bankers of America President/CEO Camden Fine wrote Treasury Secretary Tim Geithner today.

The $1.6 billion Westerra Credit Union and its Denver partner, Nice Enterprises Inc., have begun offering their two-year-old merger guide online, it was announced this week.

More than 9,000 credit union members got e-statements and one won a Wii in a contest sponsored by a Michigan-based CUSO.

PSCU Financial Services has added person-to-person (P2P) payment functionality to its PayLynx online bill payment platform

The NCUA issued orders prohibiting two former credit union employees from