Credit Union Times | Accurate and Timely CU News

Chartway's Blum Urges No Change in Interchange Rules

By Claude R. Marx

Any change to the rules regarding interchange fees would "provide an advantage to large financial institutions at the expense of credit unions and other small financial services providers."

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Last Gonzalez Hacker Associate Headed to Jail

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On-Site Coverage: PSCU Financial Services CEO Addresses Meeting by Video

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April 27, 2010

NCUA Report Faults Cal State 9 Management and Regulators

The management of Cal State 9 Credit Union made "poor strategic decisions" and lacked the experience to understand the risks of subprime lending and its HELOC program, while NCUA examiners failed to recognize the risks and take corrective action.

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April 27, 2010

Senate Republicans to Allow Debate on Regulatory Overhaul

Senate Republicans said today they will allow the regulatory restructuring legislation to come to the Senate floor and attempt to amend the legislation on the floor.

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April 27, 2010

Administration Officials Praise CU's Financial Literacy Efforts

Treasury Secretary Timothy Geithner, Education Secretary Arne Duncan and Senior Adviser to President Obama Valerie Jarrett praised the efforts of the student-run credit union at Stonewall Jackson High School for fostering financial literacy.

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April 27, 2010