News

Credit unions got a mixed back of goods when the House of Representatives passed a housing bill yesterday by a margin of 234-191.

With NCUA's corporate bailout at the top of credit union agendas, Southwest Corporate Federal Credit Union is scheduling its first webinars on the topic March 20 and March 23, with a focus on the agency's advanced notice of proposed rulemaking.

VISA new ad campaign pushes its debit cards into a more prominent position than its credit cards and focuses more on the lower spending that is popular in the current economy.

Sen. Charles Schumer said today he plans to introduce legislation to lift the cap on member business loans that credit unions can make.

Community development credit unions and other low income credit unions that are allowed to use secondary capital may find a streamlined approach to getting some of that capital in the coming weeks.

Thanks to the NCUA's share guarantee program extension, the $8.2 billion Members United Corporate FCU is dropping its contract with rating agency Standard & Poor's.