News

The $73 million Self Help Federal Credit Union, the California-based credit union that is an affiliate of the $350 million Self Help Credit Union in North Carolina has gotten a bit bigger.

Housing starts declined by 4% last month, a setback following the 8.9% increase in November, according to according to a report issued today by the Commerce Department and the Department of Housing and Urban Development.

Credit unions that help their members prepare and file their tax returns and then deposit their refunds in credit union accounts, are helping the members avoid losing millions of dollars in so called refund anticipation loans.

TMG, a financial services CUSO owned by the Iowa Credit Union League, gave its prepaid cards packaging for the holidays that included disclosures about the card's fee structure and schedule.

In a victory for the GOP, Massachusetts State Sen. Scott Brown beat CUNA-backed Democratic nominee Attorney General Martha Coakley in yesterday's special election for the seat held for almost 47 years by U.S. Sen. Edward M. Kennedy, who died last August.

Three Houston law firms representing credit unions and other card issuers in litigation against Heartland Payment Systems over the firm's 2008 card data security breach have criticized a proposed settlement of those cases.