News

Card Services for Credit Unions has announced the winners of its eighth annual round of Cameo awards.

CUNA forecast its lobbying/communications blitz of contacting lawmakers opposing the Durbin interchange amendment could reach 350,000 by end of day and possibly 500,000 by Thursday.

Closed by last Saturday's tornado heavily damaging its offices, the $8.9 million Woodco Federal Credit Union in Ohio looks to resume skeletal operations today from its new temporary home in Cando CU of nearby Walbridge.

Embezzlement and fraud are among the crimes that caused the NCUA to issue prohibition orders against four credit union employees.

Kim Sponem, president of the $1.4 billion Summit Credit Union, Madison, Wis., has been named CEO-designate making her at 43 one of the youngest women slated to hold the top slot at a major CU.

A group of retailers today sent lawmakers a flyer contending that 99.96% of credit unions wouldn't be affected by an amendment in the regulatory overhaul giving the Federal Reserve the power to regulate interchange fees.