Credit Union Times | Accurate and Timely CU News

Recall Vote Dismissal Sought

By Peter Strozniak

The $161 million St. Helens Community Federal Credit Union is seeking to dismiss a federal lawsuit filed by a member over a dispute to recall board members because it is not within the jurisdiction of the federal court.

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African CU for Orphans

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Loan App Skepticism a Challenge for CUs and Members

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March 08, 2013

Debit Cards Still Revenue Builders for Cash-Strapped CUs

In their quest to comfortably cover operating expenses with help from noninterest income, several credit unions said this year, theyll mostly rely on NSF fees and interchange income, followed by income from insurance products and monthly service fees.

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March 08, 2013

Will Strategic Defaulters Be the Next Credit Union Market?

An executive whose previous firm advised homeowners looking to walk away from their mortgages says credit unions and other financial institutions should consider many of those same homeowners as potential new mortgage borrowers.

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March 08, 2013

CUNA Mutual Asks Court to Order Bank to Buy Back Failed Mortgage Securities

Insurer seeking to recover $72 million from RBS Securities.

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March 08, 2013

CUNA Mutual Asks Court to Order Bank to Buy Back Failed Mortgage Securities

Insurer seeking to recover $72 million from RBS Securities.

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March 08, 2013

Credit Unions Take Heed to States’ Move to Electronic Lien and Titles

As several states make the transition away from paper vehicle titles to electronic lien and titles, at least one firm said it is experiencing the impact.

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March 08, 2013