News

Homes for Our Troops received another big financial boost-$190,000-from New England CUs to help construct homes for wounded Iraq and Afghanistan war veterans.

A growing number of companies within health services and those who work in the education field make up a large part of First Financial Federal Credit Union's field of membership.

The Securities and Exchange Commission has obtained a court order halting an alleged $11 million Ponzi scheme in which a Chicago-based promoter who is a convicted felon promised investors high returns from purported investments in payday advance stores.

Debit card interchange seems likely to continue as a key part of credit union income, according to a recent study from Discover Financial Services and its subsidiary PULSE ATM and EFT network.

When the NCUA issues new corporate regulations this fall, it's likely the opinions of the three major ratings agencies-Fitch Ratings, Moody's and Standard & Poor's-will have less influence over NCUA auditors than before.

CUNA is revamping how it promotes its products and services by adopting the well-tested trust theme.