News

The legislative battle in Ohio over credit unions receiving public funds is heating up this month with a House bill introduced last Friday drawing fire from the banking lobby.

CUNA has nominated Metro Credit Union President/CEO Robert Cashman and US Federal Credit Union Credit Union William Raker to the Federal Reserve Board's Thrift Institution Advisory Council.

Ongoing Operations LLC is accommodating growth by adding a fourth location by leasing space from PSCU Financial Services in Arizona, the CUSO said.

The House Financial Services Committee could deal with the question of whether the proposed Consumer Financial Protection Agency will be able to preempt state consumer laws when it resumes the markup of legislation tomorrow.

Financial Service Centers Cooperative has announced that 14 credit unions on the island of Puerto Rico have banded together to begin to participate in shared branching through its national shared branching network.

Three more credit unions are now using the MeridianLink Inc. account opening and automated lending solutions, the company said.