News

Enlisting the help of credit unions, the Co-Op Miracle Match program has again promised to raise $1 million for the Children's Miracle Network by the end of fiscal 2010.

Is your credit union in need of new members? Is your career in a funk? Don't just stand there stewing and ruminating. Instead, reinvent your credit union and yourself.

Mid-America Credit Union Association has named Robbie Thompson as its new president/CEO. Thompson is vice president and general counsel at the $280 million Members Cooperative Credit Union of Cloquet, Minn.

Fiserv Inc. said this week it has renewed core processing relationships with 225 credit unions since September 2009.

Though the audit of the NCUA released yesterday said the agency's finances were accurate, the report found material weaknesses in its reporting and documentation methods.

The Federal Reserve Board has published the latest card regulations that it was mandated to develop by the Credit Card Accountability Responsibility and Disclosure Act of 2009.

The U.S. Government could save between $36 million and $39 million in interchange fees annually if it had the right to negotiate for better terms, according to a Treasury Department report.

In more ways than one, the purchase by the $1 billion Royal Credit Union of 11 branches of an ailing Wisconsin bank represents an extraordinary and very positive precedent for CUs.