News

Less than 24 hours after it was passed President Obama today signed a measure that creates a stabilization fund for corporate credit unions.

Shell Federal Credit Union is sharing its 'green' commitment through its newly revamped Web site, www.shellfcu.org.

With 2008's loan portfolio activity passing 2007's by 32%, Member Business Services said the momentum is continuing despite California being among the country's hardest hit states when it comes to lending.

A federal district court judge in Maine has dismissed almost all the legal complaints of consumers who had their credit and debit card data compromised in the data security breach at Hannaford supermarkets.

Credit unions and other credit card issuers will have tighter restrictions on their ability to raise interest rates and the requirements for sending out bills as a result of a bill approved by the House today in a 367-61 vote.

Credit unions now have another option to provide members surcharge-free ATM access.