News

Any changes to the corporate credit union system should include allowing solvent corporates to survive, stronger regulation of corporates' investments, and making membership capital voluntary, NAFCU wrote today in its comment letter to NCUA.

Member business lending will continue to be a priority for CUNA as it welcomes Karen Mills, the Small Business Administration's new administrator.

The NCUA announced Friday that neither U.S. Central Federal Credit Union nor Western Corporate Federal Credit Union will have annual meetings this year.

WESCO Net Web Services said it has added a new server to help handle increasing demand for its hosting services.

Credit union and community bank clients of Connecticut-based COCC will now be offered the anti-phishing services of MarkMonitor under the core processor's marketing umbrella.

The capital-to-asset ratio at credit unions was 10.2% in February, according to a report issued by CUNA today.