News

The National Federation of Community Development Credit Unions is celebrating the inauguration of a new CDCU in Long Island City, a section of New York City.

Tropical Financial Credit Union has found a new CEO in former GTE Federal Credit Union Executive Vice President/Chief Financial Officer Rich Helber.

Saying "this is my moment to step aside," while acknowledging that he is in "the toughest shape of my political career," Senate Banking Committee Chairman Christopher Dodd (D-Conn.) announced today he will retire from office at the end of the year.

Alberto Gonzalez, the leader of the hackers responsible for many of the most notable credit and debit card security breaches and frauds of the previous decade, will learn how much prison time he faces at a hearing in March.

WesCorp President/CEO Philip Perkins wrote in a letter to members obtained by Credit Union Times that the NCUA's proposed corporate regulations as currently written contain a "number of elements that would have a detrimental impact on credit unions."

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