News

OmniAmerican Bank, the former OmniAmerican Credit Union, has announced that it will make an initial public offering of stock in the fall, according to local media reports.

Mobile banking members of Delta Community Credit Union will be able to choose from a triple play of mobile access methods with their credit union's new service from Fiserv Inc.

At year-end 2008, credit unions reported $1.12 billion in investments in CUSOs and 27.8% now participate in at least one CUSO, according to Callahan & Associates.

CUNA is eliminating the jobs of 18 people in its Madison, Wis. office as part of previously announced cost-cutting program, the association announced today.

North Florida credit unions helped the U.S. Secret Service and police in Jacksonville crack down on an ATM fraud that caused $300,000 in CU losses over 18 months.

When Steve White joined Redstone Federal Credit Union in March 1970, one of the first things he did was help flip the switch on the credit union's new Burroughs computer system.

NCUA Chairman Michael E. Fryzel said he plans to include funding for a new Office of Consumer Protection in the agency's budget for next year.

The $1.2 billion Eastern Corporate Federal Credit Union and its Kansas City-based communications firm, MJB Public Relations Group, have been awarded a Bronze Quill from the Kansas City/International Association of Business Communications.