News

CUNA and NAFCU have signed a letter with two banking associations urging senators to defeat an amendment aimed at reducing interchange fees that the trade groups say would decrease the availability of credit.

Integrated Asset Services today released its latest IAS360 House Price Index, which showed that declines in house prices correlated to unemployment claims.

Saying that the threats to the credit union system posed by corporate and natural person credit unions are distinct, the NCUA should revamp the insurance structure to separate the two, NAFCU President Fred Becker wrote the NCUA Board today.

A House subcommittee plans to discuss efforts to stabilize the corporate credit unions at a hearing on Wednesday May 20.

The $2 billion First Carolina Corporate Credit Union joined other corporates participating in the Temporary Corporate Credit Union Share Guarantee Program.

When it breaks ground on its latest branch, State Employees' Credit Union will be honoring North Carolina's Cooperative History.