News

Credit Union 24 has announced that three more credit unions have joined the network. The addition brings 35,000 more credit union members and 225 million more in assets to the national credit union-owned ATM and EFT network.

Some frontline tellers at the $100 million First Capital Federal Credit Union donned latex gloves this week to prevent spread of the flu. The CU is also planning to suggest coughing or sneezing members use the drive-thru.

A NAFCU representative told a hearing of the House Financial Services Committee that limiting overdraft fees to one a month per account would not be workable since credit unions and their members are not the only parties to an overdraft.

Texans Credit Union confirmed Thursday evening that Mike Haselden had indeed announced his resignation from Texans Insurance Group to pursue another career opportunity.

By unanimous consent, the Senate last night approved a measure giving credit unions and other financial institutions more flexibility on providing notification to consumers about non-credit card accounts.

In a sign that the economy may be picking up, the gross domestic product increased at an annual rate of 3.5% in the third quarter, according to advanced estimate released today by the Commerce Department.