News

Xtend Inc. said it has reached the 3,000 mark in the number of mortgage loans supported by the CUSO as it reaches the end of its third year offering the service.

Geezeo made it an even dozen with the signing of the $1.3 billion University Federal Credit Union of Austin, Texas, as the newest user of its personal financial management and Internet banking marketing platforms.

The NCUA completed its fourth and final guaranteed note transaction of 2010 on Friday and the securitizations have had proceeds of $17.75 billion.

As the liquidating agent, the NCUA said by law, it is the party, not members or others, to pursue actions first to recover monetary losses that followed the failure of New London Security Federal Credit Union.

Sponsors of next year's Credit Union Cherry Blossom 10 Mile Run are hoping it will bring the 10-year total raised to more than $5 million.

On Saturday, Oregon's Advantis Credit Union will make good on a nearly three-year-old pledge to do its part in the Homes for Our Troops cause.

A bipartisan group of 13 senators urged Federal Reserve Chairman Ben Bernanke in a letter sent yesterday to ensure that when the Fed issues regulations on debit interchange fees they don't hurt small financial institutions and consumers.

North Carolina's Democratic governor, Beverly Perdue, unveiled a broad downsize of state agencies but the North Carolina Credit Union League is telling its members it disfavors any notion of combining bank and CU regulation.