News

Credit unions with assets of more than $10 billion would be subject to examination and enforcement by the new consumer financial products agency housed inside the Federal Reserve.

Call it Babylon Revisited for the 21st century. A unemployed, homeless and bankrupt man in Orange County, Calif., is living off the rewards points he accumulated while traveling on business in more prosperous times.

The NCUA Board is scheduled to unveil a proposed rule on mergers and conversions at next Thursday's meeting.

In a support the troops fundraiser a group of North Carolina credit union executives and their families will take part in a grueling cross-country bike ride next Saturday put together by a chapter of the North Carolina Credit Union League.

Fiserv Inc. said its ACCEL/Exchange debit payments network set a new annual record with nearly 960 million transactions processed in 2009, a nearly 40% increase over 2008.

It will be "lights, camera, action" later this month when the Latino Community Credit Union will premiere Roberto's Dream a film depicting the journey of a small business owner.