News

Credit unions with Centrix Financial subprime loans in their portfolio were hopeful last week that a bankruptcy court's tentative approval of the company's sale might improve service performance. "The final changes made in the settlement appear to alter service agreement terms and for some credit unions that might prove helpful...

They are both cooperative organizations owned by credit unions, but multi-owned CUSOs and wholly-owned CUSOs have different focuses.

Another Major Card Breach Credit unions will be picking up the pieces from yet another serious credit card breach that will likely result in millions of cards being reissued. See story page 4. Special Report: CUSOs The CUSO special report on pages 20-24 looks at a few CUSO success stories...

The November 2006 edition of Bank Investment Consultant Magazine has named Martin Barinaga among its top 50 financial institutions representatives.

The Credit Union Service Center is now offering prepaid Visa cards through its division Capital CUSO, LLC.

Cabrillo Credit Union Marketing Vice President Anne Legg has been re-elected to the CUNA Marketing and Business Development Council Executive Committee. She will serve as vice chair for two years.