News

An 86-year-old member of the $856 million NuUnion Credit Union won the Save To Win savings lottery sponsored by the Filene Research Institute and eight participating Michigan credit unions.

Three credit unions were recently ranked among the top private student lenders in the country, according to Student Lending Analytics.

However Congress reforms the government-sponsored enterprises for the secondary mortgage market, NAFCU wants lawmakers to ensure stability in those markets through that reform.

The NCUA corporate assessment coupled with depressed net worth will lower CUs' appetite for mergers in 2010, according to a New York CPA firm which issued a study this week on the banking industry's interest in failing banks.

Recognizing wire and Automated Clearing House fraud as one of the fastest growing risks facing credit unions, CUNA Mutual will host a Webinar on the topic next Wednesday, Feb. 10 at 11 am EST.

With an eye on Walmart's expansion into financial services, the Credit Union League of Connecticut alerted its members Friday to the start of check-cashing services in all 33 of the retailer's Connecticut stores.