News

A $200,000 grant has been granted to conduct a study among Wisconsin's credit unions that aims to prove that financial education can motivate members to use investment tools to build wealth.

Executives with card processors and CUSOs that issue pre-paid gift cards are mustering opposition to a Senate measure which, they say, would close down much of the pre-paid gift card issuing in the U.S.

The Senate today passed a bill that includes provisions for a stabilization fund that would enable credit unions to spread out the cost of replenishing the NCUSIF over seven years. The vote was 91-5.

The swine flu outbreak kicked disaster preparedness plans into high gear among credit unions last week. Regulators and trade groups sounded warnings about the need to have proper communications

Are credit unions positioned to absorb another round of foreclosures? Industry experts say yes, despite real estate reporting services releasing all-time high monthly and quarterly default numbers.

Sandra Branson, director of the Missouri Division of Credit Unions since 2005 and who previously held the job from 1987-1993, is retiring at the end of this month.

Fears of rising health care expenses, unemployment and business taxes are the greatest concerns this year for roughly 60% of CEOs of Silicon Valley-based businesses.

CUNA and NAFCU are pumping up their lobbying expenditures but not giving as much as in previous cycles, according to recently filed reports.