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Prosperity FCU Buys Loans and Shares of Second Baptist Church CU

By Claude R. Marx

Prosperity Federal Credit Union purchased and assumed the loans and shares of Second Baptist Church Credit Union, following the NCUA being appointed Second Baptist's liquidating agent by the California Department of Financial Institutions.

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October 28, 2009

New Study Charges No Major Card Issuers Good for Consumers

A new study from the Pew Charitable Trust has found that every one of the credit cards offered by the country's 12 largest credit card issuers are bad deals for consumers and have practices the Federal Reserve has defined as "unfair or deceptive."

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October 27, 2009

Durable Goods Orders Up

Consumers opened up their wallets again last month for more big-ticket items such as cars, appliances and office equipment last month, the Commerce Department reported today.

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October 27, 2009

Pa. CUs Victims in CD Ponzi Scam

In yet another alleged scam involving certificates of deposit and credit unions, one more person has been arrested for supposedly defrauding three Pennsylvania cooperatives out of $2 million.

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October 27, 2009

TNB Reports an 8% Increase in CU Cardholder Balances

More evidence that credit unions are bucking the national trend of shrinking credit lines and diminishing use of credit cards.

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October 27, 2009

International CU Day Marked by Poll, Lunch and a Spat With the ABA

To mark International Credit Union Day, the Georgia Credit Union Affiliates released results of a poll that showed the recession is causing Georgia consumers to spend far less than a year ago.

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October 27, 2009

Survey Shows CUs Gaining

Almost 70% of credit union executives surveyed by NAFCU reported an increase in members switching loans from banks during the past 12 months.

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October 27, 2009

Security Service Federal Credit Union Is First To Deploy MasterCard's New Debit Product The $5.2 billion Security Service Federal Credit Union in San Antonio is the first CU to roll out a MasterCard tool to help MasterCard debit cardholders track their d

The $5.2 billion Security Service Federal Credit Union in San Antonio is the first CU to roll out a MasterCard tool to help MasterCard debit cardholders track their debit card spending online.

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Top News Stories

Prosperity FCU Buys Loans and Shares of Second Baptist Church CU

Texans Insurance CUSO CEO to Leave Company

Consultancy Recommending Credit Unions Not Run to Variable Cards

Recommended Just For You

News Stories

New Study Charges No Major Card Issuers Good for Consumers

Durable Goods Orders Up

Pa. CUs Victims in CD Ponzi Scam

TNB Reports an 8% Increase in CU Cardholder Balances

International CU Day Marked by Poll, Lunch and a Spat With the ABA

Survey Shows CUs Gaining

Security Service Federal Credit Union Is First To Deploy MasterCard's New Debit Product The $5.2 billion Security Service Federal Credit Union in San Antonio is the first CU to roll out a MasterCard tool to help MasterCard debit cardholders track their d