Credit Union Times | Accurate and Timely CU News

CUs Report Nearly 100% First-Quarter Mortgage Increase Over Last Year

By Heather Anderson

First-quarter 2009 mortgage loan volume is up, according to credit unions, with many reporting nearly double the originations compared to last year's same quarter.

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Will Corporate Holdouts Sign The New Share Guarantee LUA?

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Bank Failures Spur CU Business Growth

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April 28, 2009

SAC FCU Rebrands by Taking on Banks and Showing Softer Military Side

This spring the $355 million SAC Federal Credit Union launched a rebranding venture already getting positive public feedback for contrasting CUs and banks, plus industry attention for its softer military tone.

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April 28, 2009

FIS Announces Deal With Western Union on Remittance Service

The more than 2,000 credit unions that have a relationship with Fidelity National Information Services will be able to offer their members remittance and wire services through Western Union,

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April 28, 2009

As Swine Flu Prep, Golden 1 Already Has Hand Wipes, Masks Ready

The Golden 1 of Sacramento, is apparently way ahead of the pack Wednesday in making advance preparations for the swine flu outbreak having already distributed "pandemic preparedness kits" to employees.

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April 28, 2009

After Six Years, Illinois CUs Win $6.2 Million as Fee-Sweep Suit Settled

At the culmination of nearly six years of litigation, Illinois credit unions will soon be recipients of $6.2 million

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April 28, 2009

Attleboro CU Merges With HarborOne

In a consolidation on the drawing board for months, the $1.7 billion HarborOne Credit Union of Brockton, Mass., announced last week a merger with the $88 million Nations-Heritage FCU of Attleboro.

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April 28, 2009

Lack of Accounting Guidance Irritates CUs

NCUSIF premium and impairment charges, and a lack of accounting guidance from the NCUA on how to record them on 5300 reports, continues to be an challenge for credit unions.

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April 28, 2009