News

NAFCU Services Corporation recently announced new partnerships to aid member credit unions with foreign currency exchange and collections.

Clearly seeing an underserved niche, seven Pennsylvania credit unions have joined together to launch a new business lending CUSO.

CUNA and NAFCU are continuing their joint advertising efforts under the America's Credit Unions banner, while CUNA beefs up its "Little Guy" ad portfolio.

Callahan & Associates' Return of the Member (ROM) index attempts to measure the value credit unions provide to members.

Treasury Secretary Henry Paulson announced James H. Freis Jr. as the new director of the Financial Crimes Enforcement Network, a bureau of Treasury.

TNB Card Services, the card processing and purchasing arm of credit union-owned Town North Bank, continues to purchase credit union card portfolios over $10 million. The firm announced the purchase of the card portfolio from the $177 million FAA Eastern Regional Federal Credit Union, headquartered in Clark, N.J.