News

Credit unions could be playing defense again as Congress makes another attempt to put additional regulations on credit card issuers.

The debate continues over how much, if any, of U.S. Central Federal Credit Union's December capital losses will be absorbed by retail corporates.

Despite suffering a $46 million loss in 2008, Texans Credit Union said it is ready to travel the road to recovery.

Employee benefits business Sheeter Consulting and CU Executives Inc., a placement firm, have formed a referral alliance that stretches from coast to coast.

The biggest credit union in the U.S. has modified its policy on head coverings in branches to move the emphasis away from whether a member's head is covered to whether the member's full face can be seen.

NCUA's decision to levy a premium to shore up the NCUSIF as a result of the corporate stabilization plan has caused 70% of credit unions surveyed by NAFCU to adjust their growth predictions downward.