News

Credit card holders across the country are angry at their card issuers and unprecedented numbers of them are voting against their issuers with their wallets, according to a poll from Consumer Reports.

The campaign by the Credit Union Association of Colorado/Wyoming promoting financial literacy in U.S. high schools through the FoolProof video/classroom venture moved to Wisconsin this week in full force.

NAFCU's Director of Regulatory Compliance Anthony Demangone is scheduled to testify at tomorrow's House Financial Services Committee hearing in opposition to two measures on credit cards, the association announced today.

Two more former executives with the defunct credit union broker-dealer XCU Capital Corp. have surfaced to head a San Francisco online brokerage firm.

The Federal Reserve last week approved proposed rules to end credit card issuers' ability to apply payments to the lowest interest balances first.

The news coming out of Members United Corporate Federal Credit Union's August financial reports was a transaction that won't be recorded until September.