News

Dort FCU of Flint is still enjoying the national limelight this week as the first financial institution in the U.S. to actually launch and implement funds distribution for the $1.5 billion Obama Administration program to help homeowners.

Armed with a ramped up e-mail program, a website and viral TV spots, Houston credit unions are bent on enlarging their awareness profile this fall.

The NCUA is urging a federal court to uphold its liquation of Kappa Alpha Psi FCU while the credit union claims it had taken steps to improve its financial condition.

CU members that hold small business credit cards use those cards more often than small business owners use credit cards issued by banks, according to an analysis of data from Visa, Inc.

Regulators from Gulf Coast states have been invited to participate in an industry-sponsored three hour/workshop/seminar Aug. 30 exploring examiner flexibility on BP oil spill loans to fishermen, boat operators, and small businesses.

In its official job posting that went live last week, NACUSO said its next president/CEO will need to understand the importance of credit union and CUSO alliances.