News

ATLANTIC CITY, N.J. — Do not expect an easy fix for the US economy, said Mike Schenk, vice president of economics at CUNA, at the “Credit Union Reality Check” conference in Atlantic City.

Hawaii’s two largest credit unions have now joined their peers in California and elsewhere in waiving international wire fees for members sending funds to friends and families in disaster-stricken Japan.

Accusing him of supporting “crony capitalism,” a group of retailers have run advertisements against freshman Sen. Mike Lee (R-Utah) for being a backer of a measure that would delay the implementation of a Federal Reserve rule regulating interchange.

Part 1 of this video is available at CUTimes.com/BeckerTranscript.

MyCUmortgage and CU Structured Finance have formed a partnership to help make more mortgage financing available to credit union members.

Three former credit union employees who were convicted or pleaded guilty of crimes have been banned by the NCUA from participating in the affairs of a federally insured financial institution.