News

Congressman Luis Gutierrez (D-N.Y.), chairman of the Subcommittee on Domestic and International Monetary Policy, Trade and Technology, and Financial Services Committee Chairman Barney Frank (D-Mass.) have introduced legislation to look at making minting of coins less expensive.

In light of a court ruling in favor of consumers victimized by predatory payday lenders in the state, Pennsylvania State Treasurer Robin L. Wiessmann highlighted the Pennsylvania Credit Union Association's Better Choice payday lending alternative.

AmeriChoice Federal Credit Union has taken its focus of Building Relationships for Life to help serve the underserved.

The $330 million Island Federal Credit Union, headquartered in Hauppauge, New York, has sold its credit card portfolio to TNB Card Services, the card portfolio servicing and purchasing arm of credit union owned Town North Bank.

The $29 billion Navy Federal Credit Union has one of the best credit card programs in the country when it comes to protecting its cardholders from credit card fraud, according to a recent research report from a noted card firm.

Two credit unions in North Carolina have teamed up with the Internal Revenue Service to sharply increase its effort two help lower income North Carolinians take advantage of tax benefits meant to help low-income people.