News

CUNA and NAFCU are pleased that the NCUA would remain a separate agency but expressed concerns about several other provisions of the regulatory restructuring bill introduced by Senate Banking Committee Chairman Christopher Dodd (D-Conn.) today.

The owners of CU Alliance LLC, a CUSO holding company, are set to receive their share a dividend payment of between 4% and 15% paid.

Senate Banking Committee Chairman Christopher Dodd (D-Ct.) is scheduled to announce his proposal for restructuring financial services regulation at noon tomorrow.

Just over three months away from the launch of the Vancouver 2010 Olympic Games, Visa Inc. has launched an advertising campaign meant to warm consumers to both the event and its own card brand.

TMG Financial Services, the credit card portfolio purchasing and issuing arm of The Members Group, reported that 34 credit unions have sold the firm their credit card portfolios.

Credit union donations to help the victims and families of the Fort Hood shooting massacre were starting to pour in from across Texas and the U.S. Monday with special accounts being set up by foundations and individual CUs.