News

Microlending bank Grameen America, which met with credit unions earlier this month, will visit North Carolina again today to move forward with plans to open a branch there.

NCUA will upload credit union membership data during regular examinations and take extraordinary steps to ensure the confidentiality of information, the agency said in a letter to credit unions.

Even as credit unions have only a measly 2% share of the mortgage market, Prime Alliance Solutions Inc. believes that the industry is in a position to command double-digit penetration over the next five years.

Damages from the Heartland Payment Systems card data theft have started tallying up, stretching the abilities and budgets of some smaller credit unions.

Government regulator stress testing will probably result in some form of nationalization for the nation's largest banks, say credit union economists.

WASHINGTON -- No one has introduced federal legislation addressing credit card interchange yet, but when they do at least one proposed bill may include protections designed to help credit unions and other small card issuers, according to a hill staffer.