News

The Federal Reserve's proposed rule on interchange fees won't help merchants enough and will still help big banks keep high profits at their expense, the Merchants Payment Coalition wrote Congress.

CUNA joined the Michigan Credit Union League Wednesday in opposition to an ad hoc petition circulating online this week calling for what were described as a series of "radical" steps to overhaul NCUA operations.

Bethpage Federal Credit Union recently announced a deal with Suffolk County, N.Y., to acquire the naming rights to the Suffolk County Sports Complex, which will now be called Bethpage Ballpark.

The NCUA rule has set the dates for when federal credit union boards will have to comply with its new director duty regulation.

The NCUA will be able to make payments to the Temporary Corporate Credit Union Stabilization Fund without borrowing from the Treasury Department as a result of legislation passed by the House on Wednesday night.

Credit union marketers wondering where they can reach their members might consider this: The average U.S. consumer now spends as much time online as watching television.