Credit Union Times | Accurate and Timely CU News

Effort to Build End to End Card Encryption Getting Underway

By David Morrison

Credit unions and other card issuers might take heart from the news that some of the same people who developed the data encryption standard that currently protects ATM transactions are discussing developing a similar standard for card transactions.

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NCUA Won't Change Corporates Overnight, Miller Says

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Heartland Payment Systems Returns to Visa's Compliant List

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May 03, 2009

Broker-Dealers Face More Pressure to Scrutinize Clearing Firms

The last 18 months have proved to be trying times for some broker-dealers as clearing firms have encountered service disruptions and consolidations.

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May 03, 2009

Financial Planning College Slashes Course Costs

The current economy may have sparked a demand for financial planning careers. The College for Financial Planning has responded by cutting its "foundations in financial planning" course cost from $785 to $385.

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May 03, 2009

Members United Records $511 Million Loss

Members United Corporate FCU management estimates the corporate will record a $511 million loss against its capital base over the next couple of months, wiping out all retained earnings and paid-in capital.

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May 03, 2009

Bank Loan Throwaways Not up to Snuff for Some Credit Unions

Every now and then, Centennial Lending LLC will spot a gem but lately, the business and mortgage lending CUSO has had to turn down many shoddy loans previously serviced by banks.

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April 30, 2009

Coastway Members Vote to Change Bank Charter

About 80% of the members who cast ballots in the $300 million Coastway charter change election voted in favor of changing the CU to a mutual bank, according to a story in the Providence Journal.

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April 30, 2009

Hawthorne CU Adds Mobile Banking

Mobile banking is now an option for the 14,000 members of Hawthorne Credit Union in Naperville, Ill.

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April 30, 2009

SBA Expands 7(a) Loan Criteria to Woo More Businesses

The SBA said today it will temporarily expand its 7(a) loan program to allow businesses to qualify based on net worth and average income potentially opening up eligibility to more than 70,000 small businesses.

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Top News Stories

Effort to Build End to End Card Encryption Getting Underway

NCUA Won't Change Corporates Overnight, Miller Says

Heartland Payment Systems Returns to Visa's Compliant List

Recommended Just For You

News Stories

Broker-Dealers Face More Pressure to Scrutinize Clearing Firms

Financial Planning College Slashes Course Costs

Members United Records $511 Million Loss

Bank Loan Throwaways Not up to Snuff for Some Credit Unions

Coastway Members Vote to Change Bank Charter

Hawthorne CU Adds Mobile Banking

SBA Expands 7(a) Loan Criteria to Woo More Businesses