Credit Union Times | Accurate and Timely CU News

Health Care Debate Raising Cooperative Profile

By David Morrison

The National Cooperative Business Association confirmed that it has been contacted by members of Congress seeking answers to questions about health care cooperatives as the nation struggles to reform its health care insurance system.

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Constitution Corporate Announces Major Capital Impairment

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House Passes Executive Compensation Measure

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August 02, 2009

CUs Seize Bank Failures Opportunity With Ads

Bank collapses, including five last Friday, continue to spur credit union marketing forays with Georgia a case in point this week.

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August 02, 2009

Retail Corporates Apply U.S. Central Capital Losses

Corporates are delivering sobering news to members as they apply U.S. Central's second-quarter losses to their own capital coffers, posting letters to members on their Web sites.

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July 30, 2009

DI Lands AACU for PFM

Digital Insight has landed $5.4 billion American Airlines Credit Union as a user of the online banking specialist's FinanceWorks personal finance management solution, the company and credit union said.

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July 30, 2009

NCUA's Payday Lending Letter Followed Interest Group Letter

NCUA issued its recent letter to federal credit unions about permissible payday lending alternatives after it received a January letter from an interest group.

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July 30, 2009

CUSO-Owned Payday Lender Advertises Triple-Digit Rates

XtraCash LLC, a division of a CUSO owned by the $396 million Mazuma Credit Union, reveals on its Web site fees and annual percentage rates ranging from 260.71% to 391.07% for the state of Kansas.

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July 30, 2009

U.S. Central Reports $537 Million OTTI for June

The $31.5 billion U.S. Central Federal Credit Union today announced it has recorded OTTI charges totaling $537.0 million for the second quarter of 2009.

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July 30, 2009