News

Efforts to bring credit unions under a federal community reinvestment act could be strengthened if CU's commitment to help lower income communities falters.

A new survey commissioned by Visa Inc. reports that consumers do not want to pay any fees for retailers to recoup card interchange.

All three NCUA Board members and several other regulators as well as key lawmakers on issues related to credit unions will speak at NAFCU's Congressional Caucus, which runs from Monday through Wednesday at the Grand Hyatt Hotel in Washington.

The Credit Union Association of New York said it is doing its part to help member CUs cope with the recession's impact by cutting dues for next year.

Borrowers who claim they were fraudulently lent money by the now failed Huron River Area Credit Union have sued NCUA in an attempt to stop the agency from collecting on the allegedly fraudulent loans.

Credit unions and banks today lost another round in the fight for control of student loans today when the House voted 253-171 to approve the Obama administration's plan to replace the Federal Family Education Loan Program with direct student lending.