News

A key Senate subcommittee chairman criticized a provision of NCUA's corporate credit rule encouraging corporate credit unions to levy a fee to members that are not federally insured in order to pay for the rescue of the corporate credit union system.

While Georgia's credit union members are working to build a buffer of savings by cutting back on expenses and delaying large purchases, they are still unprepared to deal with any further financial setbacks.

Call it a sign of the times that when consumer card advocate Bill Hardekopf of LowCards.com praised two cards' debit rewards programs, they were not cards issued by financial institutions.

Officials of the union local representing the 700 employees of Cuna Mutual Group said they are firmly in support of the labor cause attacking what it calls Gov. Scott Walker's attempt to destroy collective bargaining.

Despite four consecutive years of vehicle loan portfolio declines at credit unions, used vehicle lending continues to be a beacon of light for the industry.

The Financial Industry Regulatory Authority may have a hard time deciding whether a defunct credit union-owned brokerage firm