News

The campaign to save the deeply troubled Mission SF FCU of San Francisco entered a critical stage this week with at least one Bay Area CU, the $73 million Self-Help of Oakland, identified as a prospective merger partner.

The NCUA said while it has offered guidance on best practices involving third-party brokerage arrangements, the suggestions do not carry the force or weight of formal regulation.

The North Carolina Credit Union League and the league's service corporation have announced that they have voted unanimously to contribute their "fair share" toward the recapitalization of First Carolina Corporate Credit Union.

Making use of its new community charter, the $86 million Framingham Municipal Federal Credit Union in Massachusetts has become Metro-West Community FCU.

Members of credit unions that are members of the Allpoint Network will now have access to surcharge-free ATMs while traveling in Mexico.

NACS, the Association for Convenience and Petroleum Retailing, has urged its members to write the Federal Reserve in support of its cap on debit card interchange.