Credit Union Times | Accurate and Timely CU News

CUNA Witness Attacks Debit Exemption as Meaningless

By David Morrison

A credit union executive testifying on behalf of CUNA before the House Financial Services Committee charged that the exemption meant to protect small asset debit card issuers from an interchange cap was essentially "meaningless."

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Think Firm: Banks Worldwide Avoiding Social Media

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Visa Nixes Chips for U.S. Cards

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February 15, 2011

NCUA Liquidates Family First FCU

The NCUA liquidated Family First FCU of Orem, Utah and its assets, liabilities and members were purchased and assumed by Security Service FCU of San Antonio, Texas, the agency announced late last night.

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February 15, 2011

Fed Projects Higher Growth

The Federal Reserve increased its projection of growth this year to between 3.4% and 3.9%, according to the minutes of its January meeting, which were released today.

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February 15, 2011

N.Y. Task Force Seeks to Reconstitute Its Bridge

A statement issued today by the New York Corporate Services Task Force recommended supporting the reconstitution of the charter for Members United Bridge Corporate.

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February 15, 2011

Iowa Governor Applauds Credit Unions' MBL Efforts

At a time when other financial institutions are pulling back, credit unions are offering business loans at a critical time, Iowa Gov. Terry Branstad recently said.

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February 15, 2011

Golden 1 Credit Union Joins VITA Effort

The Golden 1 Credit Union will have staff on hand to open accounts and introduce the credit union to people who file their taxes with volunteer assistance.

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February 15, 2011

Innovative Products, Services Build New Revenue for Credit Unions

With financial institutions scrambling to find new revenue streams, a new Aite report identifies the 10 trends that will help.

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February 15, 2011

NCUA Letter: 'Too-Big-to-Fail' Corporate Not an Option

In a Corporate Credit Union Guidance Letter dated Feb. 8 signed by Scott A. Hunt, director of the Office of Corporate Credit Unions, the NCUA left no uncertainty about its intent to show the way forward for corporate CUs.

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Top News Stories

CUNA Witness Attacks Debit Exemption as Meaningless

Think Firm: Banks Worldwide Avoiding Social Media

Visa Nixes Chips for U.S. Cards

Recommended Just For You

News Stories

NCUA Liquidates Family First FCU

Fed Projects Higher Growth

N.Y. Task Force Seeks to Reconstitute Its Bridge

Iowa Governor Applauds Credit Unions' MBL Efforts

Golden 1 Credit Union Joins VITA Effort

Innovative Products, Services Build New Revenue for Credit Unions

NCUA Letter: 'Too-Big-to-Fail' Corporate Not an Option