News

Low income credit unions thinking of applying for loans through the Obama administration's Community Development Capital Initiative can find out more details at one of three conference calls scheduled between now and April 1.

Steve Okazaki, a 25-year banking industry veteran, has been hired by the $755 million Columbia Credit Union to assist with its commercial lending operations.

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.