News

Cloud computing adoption and outsourcing IT, preparing for the changeover of Internet server addresses, mobile computing and the continuing rollout of Windows 7 are all things that the credit union backshop may be dealing with in 2011.

A Maryland CUSO has partnered with a hosted applications specialist in California to offer a new suite of production IT offerings for credit unions.

CUSOs using a corporate credit union's services may seek liquidity outside of the industry if a provision requiring them to pay a voluntary payment to the Temporary Corporate Credit Union Stabilization Fund goes through.

The impact of the Federal Reserve's proposed rule on debit interchange could be a "drastic" cut to CU debit card income, according to CUNA CEO Bill Cheney.

Contrary to the assurances of Illinois Senator Richard Durbin (D), the interchange cap which flows from the amendment that bears his name will reduce credit union income from debit card interchange.

Catholic Federal Credit Union Senior Vice President Deborah Frisch has died at the age of 53 following a brief illness.