News

There may be no greater sign of marijuana's rising profile in the national economy than this: a company has announced medical marijuana will soon have its own pre-paid debit card.

Calling his purchase "the largest that I know of between a credit union and a bank" the president/CEO of the $1 billion Royal Credit Union of Eau Claire, Wis. forecast the buyout of 11 AnchorBank branches will take 18 months to complete.

CUNA and NAFCU are urging members of the House Financial Services to approve an amendment that would essentially exempt all credit unions from having to contribute to a proposed Stabilization Resolution Fund.

LAS VEGAS -- Serving consumers when the markets fail is the reason credit unions exist, Callahan and Associates President/CEO Chip Filson told California and Nevada Credit Union League annual meeting attendees this morning in a general session.

Tapping into strategies to serve baby boomer retirees will be the focus of a free Dec. 17 Webinar hosted by CUNA Mutual Group.

A form that allows consumers to limit how much information credit unions and other financial institutions can share with others, has been approved by the NCUA and seven other regulatory agencies.