News

Joining up with a Nashville, Tenn. vendor, CUNA is hoping credit unions can make use of new 3-D video technology for advocacy and product messaging on Web sites as it unveils this week what it calls an "affordable and economical" turnkey package.

All employees of the Centralia branch of the $741 million TwinStar Credit Union were reported safe Monday after a lock down and occupation by a SWAT team after an early morning attempted robbery at the southeast Washington State facility.

State National Companies, a provider of collateral protection insurance programs, said it has acquired the assets of Finegold Insurance Agency, a firm that provides services to credit unions.

The Senate is likely to vote this week on the confirmation of Federal Reserve Chairman Ben S. Bernanke for a second term and there appears to be increasing support for him among lawmakers.

World Council of Credit Unions announced today the International Accounting Standards Board is seeking comments from credit unions and other financial services providers on issues surrounding fair value measurements.

TMG Financial Services, the credit union credit card portfolio purchasing and investment arm of The Members Group ended 2009 having purchased CU card portfolios worth $116 million in receivables and representing 40,000 accounts.