News

The $4.8 billion San Diego County Credit Union has extended its title sponsorship of the Poinsettia Bowl through 2010, with options for 2011 and 2012.

It could take six to nine months before the Kentucky Supreme Court issues a ruling on a long-standing banker-backed court challenge to field of membership rules impacting Kentucky credit unions, attorneys reported this week.

A paper authored by Card Services For Credit Unions and Callahan & Associates reports that CU credit card delinquency, even in this recessionary year, still dramatically lags where it was a decade ago as proportion of overall CU delinquency.

Recognizing the potential behind the trillion dollar growth in individual retirement account assets, MEMBERS Trust Co. has launched a product that is married with the features of a trust.

Consumers showed some reluctance to buy big-ticket items such as cars, appliances and office equipment last month, the Commerce Department reported today.

Western Corporate Federal Credit Union defendants sued by seven mid-sized credit union members include the seized institution's entire board of directors and supervisory committee as well as two volunteers who had already left the board.