News

A pair of Canadian credit unions has taken the law into their own hands and those of their members.

Look around at any local charity event and you are bound to see the CDC Federal Credit Union team hard at work.

Though the House overwhelmingly passed the Small Business Lending Improvements Act of 2007 (H.R. 1332), it is just one piece of a larger Small Business Administration reauthorization plan and reports are unclear whether the Senate is on the same page.

The problem with most credit union sales incentive plans is that they might not be needed at all.

During a keynote session at NACUSO's annual conference last week, Hood marveled at the alliances CUSOs have formed. He reiterated one of his missions of keeping the balance between safety and soundness and allowing credit unions and CUSOs to serve members without "arduous, burdensome" regulations.

Member credit unions of CenCorp Corporate Credit Union can expect to see some of the capital they contributed over the years in the $2.6 billion corporate returned to them.