News

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.

The NCUA announced today it has served 18 former U.S. Central FCU directors and officers with demand letters, alleging their breach of fiduciary duty contributed to the failed corporate's losses.

The NCUA yesterday liquidated the $139 million Southwest Community FCU of St. George Utah after the credit union failed to improve its financial position.

Auto service provider GrooveCar has launched an iPhone/iPad app that helps connect members looking to purchase and finance a vehicle with credit unions.