News

Nearly a month after it was placed into conservatorship by the NCUA, Arrowhead Central Credit Union has been prohibited from accepting any new member business loan applications.

The final push for New Jersey legislation allowing credit unions to receive municipal funds may not come until September, but CUs were making their case about filling a void left by the market exit of JPMorganChase regarding $500 million in deposits.

Despite widespread credit union opposition to the bill, CUNA CEO Bill Cheney will be among the dignitaries on hand when President Obama signs the financial reform bill into law, CUNA confirmed.

The addition of two new credit union partners has pushed student lending program provider Fynanz to reach the milestone of 50 credit union partners.

CHICAGO - Credit unions are no longer the best kept secret in banking but they have to build on their popularity by preparing for all but certain uncertainty.

NCUA Board Chairman Debbie Matz was among the officials on hand when President Barack Obama signed the financial regulatory overhaul legislation into law.