Credit Union Times | Accurate and Timely CU News

Rutgers FCU CEO 'Open' to Merger of Smaller CU

By Jim Rubenstein

The $71 million Rutgers Federal Credit Union, which serves employees and staff of the New Jersey university as well as two hospitals, said Monday it remains open to a merger with a smaller unaffiliated nearby CU, locked in a bitter member/board dispute.

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CUC Mortgage Picks Up Two Penn CUs

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Foolproof Literacy Plan Adds Illinois League

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November 22, 2009

Large Card Issuers Returning to Direct Mail Marketing

An analyst that tracks credit card direct mailings said there are signs that large credit issuers may be returning to direct mail credit card marketing.

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November 22, 2009

Commercial Real Estate Rebound Hinges on Credit Access

Credit availability needs to significantly rebound for any hope of a meaningful commercial recovery in 2010, several market tracking tools have indicated.

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November 22, 2009

Existing Home Sales Up Again

Sales of existing homes grew by 10.1% in October and were 23.5% higher than in October 2008, National Association of Realtors reported today.

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November 22, 2009

Denver CU Staff Fine After Dramatic 'Hollywood-Style' Robbery

Denver law enforcement officials were sifting through evidence this week after grabbing two suspects in a spectacular "guns drawn" armed robbery at the $8 million West Denver Community Credit Union late last week.

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November 22, 2009

Consumer Groups Decry Large Card Issuer Avoiding New Act

Four national consumer groups have urged the Federal Reserve to clamp down on practices, they charged, large issuers have put into place to avoid the most recent credit card reform act.

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November 22, 2009

On-Site Coverage: CUNA Survey Predicts Less Restrained Holiday Spending

WASHINGTON -- Consumers will spend more money on holiday gifts this year, but will still be cautious when opening up their wallets, according to survey released today by CUNA and the Consumer Federation of America.

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November 22, 2009