Credit Union Times | Accurate and Timely CU News

Arrests Made in Florida Card/ATM Fraud

By Jim Rubenstein

North Florida credit unions said Wednesday they are helping the U.S. Secret Service and police in Jacksonville crack down on an ATM fraud, which has run up$300,000 in CU losses over an 18-month period.

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Cubbies Lose Another One

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CU Student Choice Pairs Lending With Education in New Partnership

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June 16, 2009

Kanjorski Not Committed to Keeping NCUA Separate

Congress shouldn't rush to restructure the way financial services are regulated and consider all options, including ending the NCUA's status as an independent agency, Rep. Paul Kanjorski (D-Pa.) said at the NCUA symposium last week.

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June 16, 2009

CUNA Lending Council More Than Doubles Scholarships

In a move to educate more lending professionals, the CUNA Lending Council said it has raised its scholarship budget to $125,000 for 2009 from $55,000 in 2008.

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June 16, 2009

League Weighs in as Wisconsin Lawmakers Prepare a Lending Cap Bill

Lobbyists with the Wisconsin Credit Union League expect to support a rate cap of 36%

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June 16, 2009

NCUA to Keep Power Under Restructuring Plan

The NCUA would "maintain its authorities with regard to credit unions," according to a draft of the Obama administration's regulatory restructuring plan that is scheduled to be released later today.

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June 16, 2009

Latino CU in Phoenix Merges and a Texas CU Struggles

The recession continues to wreak havoc on a handful of Latino credit unions, including at least two community development CUs.

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June 16, 2009

Rivermark Merging Oregon Territory CU

The $50 million Oregon Territory FCU of Salem will merge with $439 million Rivermark Community Credit Union of Beaverton, Ore., the surviving CU announced today.

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June 16, 2009