News

Credit union executives seem satisfied with the NCUA's methodology and corporate loss estimates presented at the regulator's Feb. 4 town hall meeting, said Southeastern League of Credit Unions President/CEO Patrick La Pine.

After the Texas Department of Motor Vehicles implemented its electronic lien and title program in November, Texans Credit Union decided to move to an electronic title system.

The Brooklyn, N.Y.-based Polish & Slavic Federal Credit Union extended its reach to the Midwest by establishing its presence in the Chicago area, where it opened two branches in the city's suburbs of Mt. Prospect and Norridge.

Western Corporate Federal Credit Union has published an instructional document to help credit unions protect themselves from fraudulent electronic financial transactions.

Credit unions received some discouraging news on Capitol Hill last week when the draft version of a Senate jobs creation bill didn't include a provision to raise the cap on member business lending.

The $4.8 billion America First Federal Credit Union, Utah's largest, has taken over the $50 million Mountain High FCU of Provo, Utah, in an NCUA supervisory merger.