News

Last month, CUNA Chief Economist Bill Hampel fulfilled a childhood dream and helped raise more than $100,000 for various charities.

The $7.6 billion BECU, formerly Boeing Employees Credit Union, is celebrating almost doubling its credit card portfolio's outstanding balances in fewer than two years, according to the CU and PSCU Financial Services, the payment processing CUSO that helped the CU make the change.

Standard and Poor's has reaffirmed U.S. Central's AAA rating but revised its outlook from stable to negative. Standard & Poor's pointed to U.S. Central's subprime and other mortgage related securities as a reason for concern.

The Credit Union Executives Society announced that 37 credit union board members recently attended DLI?,,? II, held at the IESE Business School, University of Navarra, Barcelona, Spain. This was the first year of the program, which is the second generation of the successful Directors Leadership Institute, held in recent years...

Three more credit unions have joined the network of institutions using MortgageClick's technology and support services to expand their in-house mortgage-lending operations, said the company's COO Dan Hanlon.

The Members Group, the card processing CUSO affiliated with the Iowa Credit Union League has joined the list of card processing organizations to move away from using faxes and into using e-mail for fraud notification.