News

Large banks may be in survival mode now, but "once they get their TARP funds back" these competitors will become more challenging than ever to credit unions, former NCUA chairman Dennis Dollar warned California/Nevada CU leaders late Friday.

Preemption of state laws and exempting more credit unions from examination by the new consumer regulator are key priorities of the credit union trade associations as a Senate panel begins marking up regulatory restructuring this afternoon.

The Regional Airline Association, a trade group representing 32 airlines and 280 associate members, is the latest to tap the $2.5 billion Wings Financial Credit Union as its official credit union.

Marketing changes, including new signage and ad material, were being readied this week for the April 1 startup of the newly branded $1.5 billion Lake Trust Credit Union of Lansing, Mich.

Great Plains Federal Credit Union has replaced its 90s-era Web site with a new presence it said it aimed at helping establish its online brand equity and attract the business of younger people.

Meriwest Credit Union members can now download an iPhone mobile banking application at the iTunes Store.

Thirteen credit unions have joined to form the first peer users group for users of the document management solutions from eDoc Innovations and the CU*Answers core processing platform.

If California lawmakers don't settle their differences before April 15, homeowners who received mortgage modifications or lost their home to short sale or foreclosure, will see their 2009 tax bills increase exponentially.