News

MADISON, Wis. - The challenges that face American credit unions in 2009 are a stroll in the park compared to the do-or-die efforts currently underway in some Kenyan credit unions, or SACCOs.

DES MOINES, Iowa -- Rep. Bob Kressig (D-Cedar Falls) and a board member at Veridian Credit Union has been appointed chairman of Iowa's Financial Services Subcommittee, which considers all legislation regarding the state's credit unions and banks.

PORTSMOUTH, N.H. -- Service Credit Union is sending a strong message that it continues to support those employees who serve in the National Guard and Reserve.

WASHINGTON -- The $13.4 billion that will be paid out to Chrysler and General Motors over the next month is a small down payment, CUNA Chief Economist Bill Hampel said.

WASHINGTON - Federal credit unions and other credit card issuers would be banned from charging interest on repaid debt under regulations approved today by the NCUA and two other regulatory agencies.

LANSING, Mich. -- The new "Invest in America" auto financing program unveiled by the Michigan Credit Union League and a CUNA-linked CU consortium becomes "all more important now" to CUs in light of the automaker's extraordinary month-long plant shutdown.