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The Regional CUSO Alliance, an association of member business lending CUSOs, said the proposed elimination of personal guarantees would cripple underwriting and punish those credit unions that have not "excessively abused their privileges."

Federal accounting rules for nonprofits may be among the challenges preventing the NCUA from simply adopting the structure of FDIC's March 5 securitization of toxic bank investments.

Using a cooperative list serve network, Mississippi credit unions are banding together this week to raise funds to help victims of last Saturday's devastating Yazoo City tornadoes.

PSCU Financial Services is the first CUSO to start offering participating credit unions the Visa Transaction Alert service, according to a Visa executive.

At PSCU Financial Services Annaul Forum former NCUA Board Chairman Dennis Dollar strove to find the better side of a number of different challenges facing credit unions today.

ALEXANDRIA, Va. - Federal credit union alternatives to payday loans could range from $200 to $1,000, have a maximum APR of 1,000 basis points above the interest rate ceiling and charge no more than $20 to apply.