News

Over the last 18 months, the Alabama Credit Union League had built up a respectable clientele for its professional employer organization services through its CUSO, Credit Union Business Services, LLC.

The National Federation of Community Development Credit Unions and the National Credit Union Foundation are joining forces in an effort that they hope will further unify the credit union industry in its work with lower income communities.

NCUA issued a Letter to Credit Unions last week reminding credit unions that Daylight Saving Time is three weeks earlier than before.

If you think the Federal Reserve should raise interest rates in the next six months to a year, rattle this copy of Credit Union Times you're holding.

An analysis of NCUA's year-end data from Asset Exchange, a leading broker of credit union card portfolios, indicates that fewer credit unions reported the sales of their credit card portfolios to NCUA in 2006 than in 2005 and the value of the outstanding balances of the portfolios also decreased.

In the latest effort to aid low-income tax filers in avoiding predatory "refund anticipation loans" or RALS, the Wisconsin Credit Union League launched last week a public service radio campaign linked to a consumer Web site.