News

As the industry's interchange blitz strode into full swing this week, CUNA and state leagues warned anew Monday about the bottom line impact on credit unions should the Durbin amendment be enacted.

NCUA Chairman Debbie Matz reiterated how the agency would be ready to revise the member business lending regulation should the 12.25% of asset cap go to 27.5% or higher.

Marking its fifth California merger in just under two years, the $190 million Self-Help Federal Credit Union of Oakland, Calif. announced it is completing a consolidation of the ailing $23 million United Savings FCU of Antioch.

When it comes to the interchange battle, the national spin may be that banks and credit unions can cooperate to defeat the Durbin amendment, but if Texas is an example, that job may be easier said than done.

The employee intranet at $5 billion American Airlines Federal Credit Union of Fort Worth, Texas, was voted the winner of the "America's Best Portal Page Competition" held by Passageways LLC.

Wescom Resources Group is now offering its own mobile banking lineup, including apps for BlackBerrys, iPhones and the Google Android platform.