Credit Union Times | Accurate and Timely CU News

CU Savings Prize Goes to 86-Year-Old

By David Morrison

An 86-year-old member of the $856 million NuUnion Credit Union won the Save To Win savings lottery sponsored by the Filene Research Institute and eight participating Michigan credit unions.

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Three CUs Ranked Among Best Student Lenders

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NAFCU Seeks Stability in GSE Reform

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February 04, 2010

Grant Thornton: CU Merger Appetite Falling

The NCUA corporate assessment coupled with depressed net worth will lower CUs' appetite for mergers in 2010, according to a New York CPA firm which issued a study this week on the banking industry's interest in failing banks.

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February 04, 2010

CUNA Mutual Offers Education on Fraud

Recognizing wire and Automated Clearing House fraud as one of the fastest growing risks facing credit unions, CUNA Mutual will host a Webinar on the topic next Wednesday, Feb. 10 at 11 am EST.

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February 04, 2010

Connecticut League Alerts on Walmart Check-Cashing

With an eye on Walmart's expansion into financial services, the Credit Union League of Connecticut alerted its members Friday to the start of check-cashing services in all 33 of the retailer's Connecticut stores.

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February 04, 2010

Virginia House Panel Scales Back Bank-Buy-CU Bill

In a victory for the Virginia Credit Union League, a House panel voted 20-0 Thursday to pare down a banker-backed bill allowing banks to buy credit unions into a measure enabling state CUs to convert to mutual charter.

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February 04, 2010

CU Returns to Power Up Small Biz

Power Financial Credit Union and Staples have teamed up again to help one local small business jumpstart their business plans.

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February 04, 2010

Financial Regulators Outline Small Biz Loan Expectations

Financial regulators including the NCUA released a statement today reassuring their regulated institutions that prudently made small business loans would not face "regulatory criticism."

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February 04, 2010