Credit Union Times | Accurate and Timely CU News

Card Data Compromised in Data Breach, Insurer Says Millions of Card Numbers Might Be Compromised

By David Morrison

MADISON, Wis. -- Despite Heartland Payment Systems attempt to play down the significance of a security breach in a recent announcement, it appears that hackers were able to compromise a significant number of card accounts, according to CUNA Mutual Group.

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January 20, 2009

CU Trades Are Trying to Limit the Impact of Cram-Down Measure

WASHINGTON -- Credit union lobbyists are seeking to limit the damage from what they see as an all-but-certain congressional passage of legislation allowing bankruptcy judges to rewrite the terms of mortgages.

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January 20, 2009

American Airlines Moving Its Young Card Program to PSCU

FORT WORTH, Texas -- The $5 billion American Airlines Credit Union is moving its credit card processing away from Fidelity National Information Services and to PSCU Financial Services, sources familiar with the move have confirmed.

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January 20, 2009

Beehive CU Stepping Back From Charter Change

SALT LAKE CITY -- The $190 million Beehive Credit Union has apparently decided to remain a credit union after all.

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January 20, 2009

Yolo FCU Joins SBA Preferred Lender Ranks

WOODLAND, Calif. -- The Small Business Administration has granted Yolo Federal Credit Union preferred lender status.

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January 20, 2009

Baton Rouge CU Now Live with Remote Processor

BATON ROUGE, La. - Southern Teacher & Parents Federal Credit Union is now doing its core processing on the XP2 platform through the service bureau of Credit Union On-Line Inc. (www.cuol.com) in Waltham, Mass.

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January 20, 2009

Texas League Ramps Up Social Networking With 'BlogTalkRadio'

FARMERS BRANCH, Texas -- In an out-of-the-box pitch for industry awareness, the Texas Credit Union League is venturing into online radio blogs and social networking via the launch of a monthly "BlogTalkRadio" program.

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January 20, 2009