News

A recent study from the Filene Research Institute showed that the average annual cost of fees on bank checking accounts is more than twice as high as the annual cost of fees on credit union share draft

As Georgia's credit unions tout strong performance numbers, the state's banks are still experiencing losses, the FDIC recently reported.

Roshara Holub, the president/CEO of the Missouri Credit Union Association and the past chair of the American Association of Credit Union Leagues, is retiring in December 2010.

A new disaster recovery solution from Double-Take Software of Southborough, Mass., is now in place at Park Community Federal Credit Union in Louisville, Ky.

Credit unions with assets of $10 billion or less wouldn't be subject to an inspection by the proposed Consumer Financial Protection Agency, under an amendment likely to be introduced on the House floor when lawmakers consider the measure.

Call it a hard candy holiday season, but this year almost half of consumers surveyed plan to use any cash they are given as holiday gifts to help meet expenses like groceries, gas and other household expenses.