News

Organizations that provide information about consumers to credit reporting agencies must include information about the individual's credit limit, under regulations released today by the NCUA and four other regulators.

Beginning today, auto, recreational vehicle and other dealerships can apply for a revolving line of credit financed through the SBA's 7(a) loan program.

The $184 million Beehive Credit Union has sold its $9 million credit card portfolio to TMG Financial Services.

OmniAmerican Bank, the former OmniAmerican Credit Union, has announced that it will make an initial public offering of stock in the fall, according to local media reports.

Mobile banking members of Delta Community Credit Union will be able to choose from a triple play of mobile access methods with their credit union's new service from Fiserv Inc.

At year-end 2008, credit unions reported $1.12 billion in investments in CUSOs and 27.8% now participate in at least one CUSO, according to Callahan & Associates.