News

Manchester, U.K. and Dublin, Ireland - The European Union's (EU) proposed Consumer Credit Union Directive threatens European credit union loan programs because of costly new provisions. The Association of British Credit Unions, Ltd. (ABCUL) and the Irish League of Credit Unions (ILCU) are both actively lobbying Brussels, the seat of...

Southeast Corporate is the latest to jump into the business services arena through a new CUSO. Read about that and other corporate news on pages 20-22.

Kern Schools FCU President/CEO Vincent Rojas has learned the importance of delegating as he leads the $1.2 billion credit union. Page 28

AUCKLAND, N.Z. - Talk about using a long-distance supplier, Triton Corporation of Mississippi will supply ATM machines to the New Zealand Association for Credit Unions (NZACU). The low-cost cash machines were shown at NZACU's annual Opportunities Conference in Hamilton, New Zealand last month. The conference was attended by 157 credit...

TALLAHASSEE, Fla. -Southeast Corporate is the latest corporate to offer its member credit unions business services. The corporate is establishing a new CUSO - Member Business Solutions, LLC - that will offer a variety of products to help credit unions better serve business accounts. Products include a sample member business-loan...

Member Business Lending has been in the credit union news a lot, especially since the NCUA Board amended the MBL rule. Turn to the special report on pages 20-22 to read what CUs and the SBA are doing to attract small business borrowers.