News

The move to move more government benefits to cards and away from checks has taken a hit after the Los Angeles Times reported that some beneficiaries are using their cards at casinos and strip clubs.

When the NCUA announces the NCUSIF assessment to cover losses at natural person credit unions in September, it will probably be between six and 10 basis points of insured shares, according to CUNA Chief Economist Bill Hampel.

The regulatory restructuring bill came closer to passing the Senate when Sen. Maria Cantwell (D-Wash.) announced she would support it

Card Services for Credit Unions, the association of credit unions that process card transactions on the FIS platform, has added more card consulting staff to help client CUs improve card performance.

Hard on the heels of a report suggesting that credit unions are unlikely to be able to offer payday loan alternatives, a religious group in Utah is criticizing the short-term, low-dollar loans that state's CUs offer.

For members who work and live in war-torn and humanitarian crisis regions, United Nations Federal Credit Union is coming to their aid with international term life and personal accident insurance.