News

Credit unions seeking the latest compliance updates have another resource through "The Works," a blog created by an Iowa Credit Union League subsidiary.

A study published by the Experian credit bureau has found that consumers in the 20 largest metropolitan U.S. areas have sharply curtailed opening new credit card accounts.

The $8.15 billion Members United Corporate FCU and $3 billion Southeast Corporate FCU are both covering new OTTIs with existing retained earnings, the credit unions announced in separate releases July 26.

Despite the ongoing economic recession, a credit union created card aimed at higher end consumers has found its niche and is making money, according to its CU creator and issuer.

Executive Compensation Solutions has issued a call to participants for its 2010 employee and executive compensation and benefits survey.

ARLINGTON, Va. -- The credit union model is not sustainable without access to supplemental capital and more ability to make business loans, Co-Op Financial Services President/CEO Stan Hollen told a group of credit union executives.