News

The board of directors of Community Educational Federal Credit Union recently approved a merger with Vantage Credit Union.

House Financial Services Committee Ranking Member Spencer Bachus (R-Ala.) and other leading Republicans on the committee announced the introduction of a bill today aimed to curb unscrupulous lending practices.

After peaking at $216 billion in March, surplus funds dipped in May as member loan demand outpaced deposit inflows, according to CUNA Mutual Group's latest Credit Union Trends Report.

How much do members really care about credit union name changes? Like last winter's "Optiva" flap at the $575 million University of Iowa Community Credit Union.

The $1.1 billion Polish & Slavic Federal Credit Union will distribute almost $300,000 among almost 200 high school graduates and current college student members as part of its annual scholarship program, the CU said.

Co-sponsorship of the Credit Union Regulatory Improvements Act (H.R. 1537) is racing toward the 125 the legislation topped out at last Congress.