News

* If a member receives an e-mail that warns them, with little or no notice, that an account will be closed unless they reconfirm their billing information, they should not reply or click on the link in the e-mail. Instead, contact the company directly using a telephone number or Web...

MADISON, Wis. - February saw the highest decline in credit unions since August 2001 even as 119,000 members were added for a total industry count of 85.2 million. CUNA Mutual Group's February Credit Union Trends Report revealed that the credit union marketplace shrank by 44. For the year, the industry...

WEST PALM BEACH, Fla. - Feel that the fight against "fake CUs" is like fighting a ghost? Credit unions can take heart that in addition to efforts by NCUA, NAFCU, CUNA, NASCUS and law enforcement agencies, credit union leagues are upping the ante and experts say communication trumps con artists....

GRAND SACONNEX, Switzerland - U.S. credit unions are familiar with CUNA, NAFCU and the World Council of Credit Unions, but there is an international group that represents credit union and co-operative banks around the world that many American credit union people have never heard of. The International Co-Operative Banking Association...

While some credit union are committed to offering credit cards to members, surprisingly some large CUs have no interest. Read about this and other EFT news on pages 20-24.

In March, Art Corey assumed the responsibilities as the new president/CEO of the Connecticut Credit Union Association. Turn to page 33 to become acquainted with the new leader and learn about his opinions on CU-related issues.