News

Indiana Members Credit Union will continue to be an Official Sponsor of the Indiana Pacers for the 2010-2011 and 2011-2012 seasons.

NAFCU reminded credit unions they should contact both senators and U.S. House representatives over the congressional break to gather support for increasing the member business lending cap.

Over the next 12 to 18 months, repairing members' balance sheets may be the primary source of loan growth for credit unions.

Cliff Rosenthal, National Federation of Community Development Credit Unions president/CEO, highlighted the liquidation of Kappa Alpha Psi FCU in a request for credit unions to take a stand against overaggressive examiners.

Key contract wins were announced this week by the largest and smallest core processors for credit unions.

Coastal Federal Credit Union will be introducing a new overdraft forgiveness program starting this Sunday when the new overdraft regulations go into effect for existing members.