News

The CUNA Technology Council has re-elected its chair.

No witnesses have come forward in the case of the July 16 fatal shooting of Dean Gaymon, who was president/CEO of the Credit Union of Atlanta, according to the Essex County Prosecutor's Office in New Jersey.

Credit union loan growth may be stagnating, but CU credit card portfolios continued to grow in second-quarter 2010, according to a card analytical firm.

The nation's biggest inter-state merger has cleared a major hurdle. The NCUA has now given approval to the $4.6 billion consolidation of First Tech Credit Union of Beaverton, Ore., and Addison Avenue FCU of Palo Alto, Calif.

A CUSO seeking to act as a loan broker for loans used to finance the purchase of New York City taxi medallions is permitted to do so, the NCUA said.

Illinois senator Richard Durbin, a Democrat, has defended the debit card interchange amendment that bears his name, suggesting that the bank that has brought suit against it in federal court does not really understand it.