News

The $4 billion Alaska USA Federal Credit Union of Anchorage and the ailing $875 million Arrowhead Credit Union of San Bernardino, Calif. disclosed Wednesday they will begin implementing the sale of five Arrowhead branches starting this weekend.

A program through which people with disabilities work as credit union interns promises to help more CUs better serve disabled members.

The provisions giving the Federal Reserve the right to set interchange fees came a step closer to reality last night when Senate members of the House-Senate conference committee on financial overhaul accepted an offer made by House conferees.

The $41 million Highgrove Community Federal Credit Union and the $2.7 billion Wings Financial Credit Union have reached an agreement to merge operations.

CO-OP Financial Services' acquisition of Members United Corporate FCU's SHARE SYSTEM ATM and debit card program is complete, the two organizations announced today.

Because of the interchange language, CUNA plans to oppose the financial overhaul bill moving through Congress and is asking credit unions to launch an all-out lobbying effort between now and next week's votes in the House and Senate.