News

NCUA Chairman Debbie Matz issued a letter last night advising credit unions about the possible federal government shutdown.

Anytime, anywhere: that’s today’s financial services mantra. But what CU members want and what they get are not always in alignment, especially with mobile apps.

The $28 million Dakota Territory Federal Credit Union in Deadwood, S.D., is now offering its widespread membership mobile banking through CO-OP Financial Services.

Epsilon is working with federal authorities and outside forensics experts to investigate the marketing firm’s recent e-mail address security breach, Epsilon parent company Alliance Data Systems Corp. said in a statement this week.

The NCUA is slated to vote on a final version of new corporate credit union regulations on April 21.

Reps. Ed Royce (R-Calif.) and Carolyn McCarthy (D-N.Y.) today introduced legislation to raise the cap on member business loans from credit unions to as much as 27.5% of assets.

Taking part in a special “Student Lending Fair,” Pennsylvania credit unions will be showcasing to lawmakers and policymakers next week what they see as an enlarged role in student lending amidst the ongoing state budget cutbacks.

Two Washington, D.C.-area credit unions will make special loans available to their members if the government closes down due to the lack of a budget.