News

The new head of the California/Nevada Credit Union League, Diana Dykstra, joined the industry chorus Tuesday against CUs making hasty decisions on corporate services, stressing initial system recommendations may be at hand in a matter of weeks.

Reps. Dan Burton and Mike Pence (both R-Ind.) have won re-election, while Democratic senate candidate Rep. Brad Ellsworth lost a race for an open Senate seat, the Associated Press projected.

CNN, Fox and MSNBC have all projected that the GOP will win a majority of seats in the House, thus ending the Democrats' four-year control of that chamber.

A Utah credit union has become the 90th stock owner of CU*Answers, a provider of core processing and other services to more than 165 credit unions.

UsNet, the Universal Sharing Network, the shared branching network affiliated with the New York Credit Union League has picked up another credit union, both as a shared branching issuer and acquirer.

More new clients and an increase in asset values have helped one of Northwest Federal Credit Union's subsidiaries reach the $500 million in assets under management mark.