News

With a heavy concentration in member business loans, Telesis Community Credit Union may not have been prepared for fluctuations in that market.

Its been nearly two years since the passage of the Dodd-Frank Wall Street Reform Act, which for the first time since the Great Depression allows interest to be paid on business checking accounts.

Credit unions have argued before U.S. District Judge Richard Leon in defense of the Federal Reserve's existing Durbin amendment regulation.

Three credit union marketing and business development professionals were recently honored for their achievements during the CUNA Marketing and Business Development Council Conference held in New Orleans.

CUNA has named Mike Mercer, president/CEO of Georgia Credit Union Affiliates, its new board chairman.

While Bank Transfer Day helped to boost membership to record numbers, the industry could see an exodus of some of its more profitable members in 2013 if credit unions are not capitalizing on those relationships.