News

In a farewell speech, the retiring head of the Arizona Credit Union League lashed out over the weekend at the "get rich" conversion schemers who he charged seek to undermine the movement.

The Government Accountability Office study released today found that banks wrote off more $100 billion off their taxes in 2004 and took tax credits of another $6 billion.

To help businesses in the East Baton Rouge Parish, the Enterprise Corporation of the Delta /Hope Community Credit Union and ACCION USA have expanded their business microloan program.

In an ongoing effort to expand its presence in Florida, Eastern Financial Florida Credit Union has merged OMNI Community Credit Union into its fold effective today. Eastern Financial will now serve members in Duval, Clay, St. Johns, and Nassau counties in addition to Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough...

The recent history of credit union-to-bank conversions demonstrates no two are alike but credit union industry group National Center for Member Trust stands ready to act, NCMT Chairman Wendell "Bucky" said.

Looking back on what he said was a "very good year" with plans to do credit card processing by yearend, Chairman of CO-OP Financial Services David Maus vowed Thursday to keep the credit union-run CUSO firmly in CU hands despite the conversion "rhetoric" of the times.