News

David Serlo, longtime CEO of PSCU Financial Services and that organization's first employee, has died of cancer, sources close to the CUSO have told Credit Union Times.

The struggling $9 billion Members United Corporate FCU today reported some good news in its May financial reports: long-term OTTI projections have improved by $35 million to $60 million, depending upon loss projection model.

Mortgage servicers, including credit unions, have a new stick to wield with loan borrowers who might contemplate walking away from a mortgage commitment, according to new policy from Fannie Mae.

Even as CUNA and NAFCU have indicated they will opposed the current finance reform package, the Consumer Federation of America has hailed Congress for having brought the bill this far.

Will credit union ATMs soon offer credit union members shared branching transactions as well as ATM transactions?

The lawmaker who circulated the "dear colleague," letter on interchange, has received contributions from the political action committees of CUNA and NAFCU during this campaign cycle.