News

The plight and protection of small U.S. credit unions came in for new scrutiny last week following a controversial think tank study by Celent, the Boston research firm, finding that CUs under $50 million are fast disappearing under the weight of tech products, competition, compliance and their own inefficiencies.

The Texas Credit Union Commission recently addressed several matters regarding investments in credit union service organizations in the Lone Star State.

Even a small fee on debit cards will lead consumers to abandon them in favor of other payment methods, including cash, checks and even credit cards, according to a recent survey.

A year after the bill creating the Consumer Financial Protection Bureau was signed, Republicans are trying to restructure it and the newly nominated director Richard Cordray is caught in the middle of a fight between the political parties.

Colorado CDCU records $204,779 loss in second quarter.

Mountain West, Utah leagues, CUs in discussion about recapitalizing $1.9 billion SunCorp.