News

The merger trend took center stage last week with a trio of Milwaukee area credit unions, all affected by February's collapse of Central States Mortgage Co., opting to look for merger partners.

There has been a changing of the guard at the National Federation of Community Development Credit Unions.

To help guide credit unions looking to operate as leanly as possible in these challenging economic times, the Credit Union Executives Society has released a series of cost-control manuals.

Federal Reserve Board Chairman Ben Bernanke told the recent Global Financial Literacy Summit meeting in Washington that there needs to be "systemic changes to correct weaknesses that have emerged in the current CDFI model."

Credit cards can be an effective form of advertisement for a credit union. Just think about how many times a day a card is pulled from a wallet and seen by cashiers, friends, family and the next person in line.

Steve Winninger has seen firsthand how a physical impairment isn't a barrier to being a valuable contributor in the workplace. But it was a recent tour of a Michigan company's new facility that convinced him even more.

Local consumers have judged and found Summit Credit Union's Pay It Forward winner.

Heartland Payment Systems, the card processor whose 2008 security breach may have compromised the most card data ever, announced it has completed the first step in developing end-to-end encryption.