News

The Senate has passed a measure which would require the Government Accountability Office to study NCUA management of the corporate credit unions and their financial crisis.

The $6 billion Security Service Federal Credit Union of Texas said Friday its takeover this week of the failed $145 million Beehive CU "is going very well with positive member response" despite months of public turmoil.

With 25 freshmen members readying for next year's state legislature, the Illinois Credit Union League is using the holiday lull to ramp up its "meet and greet" program with lawmakers.

Lending Insights, providers of analytical tools and business intelligence solutions to the credit union industry, is offering a series of new analytical tools, reports and enhancements for the company's Lending Performance Management System.

Rick Sense, Community First Credit Union's senior vice president of planning, government and community relations, has been named district chief of staff to Representative-Elect Reid Ribble.

The Crash Network is looking for 15 young credit union professionals to attend CUNA's 2011 GAC and complete a service project designed to improve their credit union or the greater movement.

First Data's initial statement on the Federal Reserve's proposed debit interchange rule did not mention establishing a debit interchange schedule for small debit card issuers.

Effective January 2011, CU Village and its sister company, HRN Management Group, will merge under a new name and brand, CU Solutions Group.