News

A study from the Pew Health Group has found that the Credit CARD Act has virtually eliminated many of the major card issuer's practices that used to give credit unions a marketing advantage for their own cards.

Jack Henry & Associates has inked a pair of strategic partnerships to market personal financial management (PFM) solutions to its customer credit unions and banks.

The recession has hurt community development credit unions but has not knocked them out, according to a report from the National Federation of Community Development Credit Unions

CHICAGO - The NCUA won't allow the NCUSIF's equity ratio to fall below 1.2% for long because doing so would be "irresponsible,'' NCUA Chairman Debbie Matz said today at a luncheon address at NAFCU's Annual Conference.

The Credit Union Association of Colorado said Thursday it has named O'Rourke & Associates, the executive recruiting firm, to conduct the search for a new president/CEO succeeding John Dill, who resigned in May.

June 30 call reports for the $808 million Arrowhead Central CU, released late yesterday by the NCUA, reveal the institution was running at a $1.45 million loss shortly after its June 25 conservatorship.