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Credit union owned Town North Bank got out of the card processing business to streamline its operations and restore some lost capital, according to its CEO Steve McDonald.

One day after its next regularly scheduled meeting on July 29 the NCUA Board will hold a special closed meeting at 10:00 a.m., the agency announced today.

Young & Free has landed in St. Louis courtesy of Vantage Credit Union. The more than $642 million credit union has kicked off its search for a spokesperson to be the voice of local 18- to 25-year-olds.

The serious problems at Arrowhead Credit Union may have been on regulators' radar for months, but the NCUA's June 25 takeover of the $876 million California CU surprised some in the CU community, including the

Rates and balances for money market accounts and certificates of deposit continue to seesaw indicating that consumers may be reluctant to lock their money amid economic uncertainty.

PSCU Financial Services is moving forward under team management while its board of directors launches a search to replace long-time CEO David Serlo.