News

The status of federal and state regulations, proposals to overhaul the credit union system and a celebration of the 100th anniversary of credit unions in the United States are all topics of NASCUS' State System Summit in Boston this week.

A new service from PCSU Financial Services will grant credit union cardholders an unprecedented degree of control over the credit and debit cards.

PSCU Financial Services executives will not speak about the topic on the record, but the payments CUSO's newest anti-fraud technology could dramatically lower the risk of card fraud for the entire card industry and make PSCU a good deal of money.

The Risk and Insurance Management Society has partnered with two credit unions to bring wealth management and traditional services to its 10,000 members.

The Pennsylvania Credit Union Association moved quickly Monday to oppose a suggestion by the state's Auditor General to consider eliminating the tax exemption for credit unions and other nonprofits as a revenue source to fund the state's budget shortfall.

In response to queries it has recently received about paying volunteers including those with the Volunteer Income Tax Assistance program, the IRS has issued guidance on the matter.