News

Credit Union 24's board of directors has chosen to remain under the leadership of Mansel Guerry for a fourth term. Guerry has served as chairman of the credit union-owned ATM and POS network since 1998.

The Durham, N.C.-based credit union was recently featured in the University of Virginia’s Darden School of Business and Tayloe Murphy Center study, “Perdido en la Traduccion: The Opportunity in Financial Services for Latinos,” as a base model of the positive effects of mainstream financial services on the unbanked.

A new service from FICO will offer credit card issuing credit unions greater and faster flexibility in their card offering and marketing decisions, the firm said.

Two ad hoc industry groups, one in Michigan and the other in Tennessee, that have been among the most vocal in lambasting NCUA policies on corporates, salaries and compliance all year, held firm in their critical stands again last week. And they issued new complaints.

In just ten weeks, the Filene Research Institute and the Crash Network have developed an innovative program designed to help credit unions increase the availability of affordable home ownership.

Chairman Debbie Matz says to call regulator if market conditions cause "unusually large deposit inflows" or credit draws.