News

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.

A group of 10 government employee credit unions, caught in a bitter standoff a year ago with the Missouri Department of Transportation and forced to relocate because of a state budget squeeze, is making headway this month finding new sites, with one CU rebranding and opting for a community...

SAN ANTONIO – Steven Levitt, an economist with the University of Chicago and co-author of the best-sellers “Freakonomics” and “SuperFreakonomics”, believes in the value of data and especially in the value of studying it in new ways.

SAN ANTONIO - MasterCard Worldwide is still studying whether and how to put into place a two-tier interchange schedule to accord with coming debit cap regulations, according to an executive with the card brand.