News

Pentagon Federal Credit Union President/CEO Frank Pollack told a Senate committee today that his credit union's overdraft protection program is completely opt in, operates as a line of credit and the cost to consumer is fully disclosed.

The head of the Nevada Bankers Association found last Friday's takeover of troubled Ensign Credit Union of Henderson by a Dallas CU "a real question mark as to whether credit unions should be in the business of making commercial loans."

LAS VEGAS -- The California and Nevada Credit Union Leagues found a positive message with which to open the trade associations' annual meeting: what doesn't kill us will only make us stronger.

Clearview Federal CU is generating a little good will with the college crowd this fall distributing free "rally towels" to students or fans showing a ticket stub for an athletic event at nearby Robert Morris University of Pittsburgh.

Hereford Texas Federal Credit Union has converted to a new core processing platform from Sharetec Systems Inc., the company and credit union said.

FIRST ROI said it has signed more than 275 users of its INMO online account opening system in the six months since it's been launched, including 84 credit unions.