Credit Union Times | Accurate and Timely CU News

SBA Clears $970 Million Loan Queue

By Michelle A. Samaad

In just one day, the SBA said it was able to approve 1,939 loans totaling nearly $970 million after the recently signed Small Business Jobs Act of 2010 provided funding for increased loan guarantees and reduced fees.

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CUNA GAC to Feature Hero Pilot and Debate Between Female Pundits

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Betterment Unveils iPhone App at Finovate

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October 04, 2010

Reactions Vary to DOJ Card Actions

Consumer and retail groups are praising the U.S. Department of Justice's actions against major credit card brands, but analysts are split about whether the moves will result in real lower prices for consumers.

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October 04, 2010

Navy Opening Two Branches Next Month

Navy Federal Credit Union said this week it is on course with its 2010 branch expansion opening two new facilities next month--one in Largo, Md., and a new Pentagon unit in Arlington, Va.

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October 04, 2010

Five-Year-Old CU Card Program Tops $100 Million

In 2005, the $5.2 billion American Airlines Federal Credit Union was one of the last large-asset credit unions to start a card program. Now the five year old program has topped $100 million in assets.

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October 03, 2010

On-Site Coverage: CU Recapitalization Should Be Risk-Free

ATLANTIC CITY, N.J. - While it's still in the works, the plan for potential corporate recapitalization is expected to have a built-in fail-safe.

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October 03, 2010

Credit Unions Seen Falling Out of Favor with Phishers

Credit unions seemed to have fallen out of favor with cyber fraudsters over the summer, with phishing attacks reaching their lowest level to date, according to RSA, the Security Division of EMC.

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October 03, 2010

Corporate One, VSoft in Item Processing Alliance

Credit unions using VSoft Corp. software for branch image capture can now use Corporate One Federal Credit Union for aggregation and settling services, the companies said.

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October 03, 2010