News

In an effort to keep costs affordable for consumers, CUNA & Affiliates and World Council of Credit Unions spoke out to Congress against exclusive one-way remittance contracts between financial institutions and money transfer organizations.

Although the NCUA's revised Temporary Corporate Credit Union Share Guarantee Program won over most of the original corporate holdouts, two wholesales were not included on the regulator's June 1 list of final participants.

A new white paper from the CUNA Operations, Sales and Service Council suggests that credit unions should begin educating their members now about the benefits of using their credit union debit card over other decoupled debit cards.

ATLANTA -- The Federal Reserve has been selling mortgage-backed securities to pull the nation into recovery, but an increase in interest rates could be the result.

Some card processors say a few of their credit unions may have to slightly shorten July's credit card billing cycle to comply with the new credit card law.

Three lobbyists for credit unions made the list of the most influential advocates compiled by The Hill newspaper.