Credit Union Times | Accurate and Timely CU News

Payment Services CUSO Pays $300,000 Refund

By Michelle A. Samaad

Cooperative Services Inc. said it capped off 2009 on a positive note by paying its credit union owners a $300,000 patronage refund.

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Maine CU Converts to Service Bureau Processing

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CUAid Donations Approaching $100K

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January 14, 2010

Chartway Presses 'Troubled' Merger Campaign

Chartway Federal Credit Union in Virginia vowed to "move forward" in soliciting more troubled CUs for mergers as it also defended its Jan. 1 NCUA takeover of a Utah CU as an opportunity to "save the culture" and protect identities.

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January 14, 2010

CUs Find Funds for Haitian Earthquake Victims

Credit unions and industry organizations are lining up to donate to relief efforts in response to the earthquake that devastated Haiti on Tuesday.

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January 14, 2010

Huffington Flap Provides Buzz to CU 'Breakup Bank' Ad

An anti-bank ad and Internet campaign started six months ago by the $343 million LA Financial Credit Union of Pasadena, Calif. was getting fresh attention this week resulting from the public furor over big bank practices.

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January 14, 2010

Virginia Bankers File Bills Allowing Banks to Purchase CUs

The Virginia Bankers Association moved ahead this week to formally introduce bills in the state legislature permitting banks to "consolidate or merge" with credit unions and vice versa.

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January 14, 2010

Eaton Group Loses One to Ohio Merger

The more than half dozen U.S. credit unions all with historic links to Eaton Corp., the Cleveland-based manufacturer, are one less this month following a merger between Ohio and Illinois CUs.

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January 14, 2010

Fannie Mae Hosting Webcast on Selling Guide

Credit union employees wanting to learn more about doing business with mortgage buyer Fannie Mae can sign up for the company's Feb. 3 Webcast on its newly revised Selling Guide.

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January 14, 2010

Administration Reports Progress on Mortgage Modification Program

More than 110,000 homeowners have had their mortgages modified or received offers to do that through the government's program, the Treasury Department reported today.

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Top News Stories

Payment Services CUSO Pays $300,000 Refund

Maine CU Converts to Service Bureau Processing

CUAid Donations Approaching $100K

Recommended Just For You

News Stories

Chartway Presses 'Troubled' Merger Campaign

CUs Find Funds for Haitian Earthquake Victims

Huffington Flap Provides Buzz to CU 'Breakup Bank' Ad

Virginia Bankers File Bills Allowing Banks to Purchase CUs

Eaton Group Loses One to Ohio Merger

Fannie Mae Hosting Webcast on Selling Guide

Administration Reports Progress on Mortgage Modification Program