News

JACKSONVILLE, Fla. & MADISON, Wis. -- No credit union likes to have cards compromised in a security breach, but the insurer for the majority of credit unions

RIVERWOODS, Ill. -- Consumer spending will not pick up in the near future, if a survey conducted by Discover Financial Services holds true.

SAN DIMAS, Calif. - The slow-going process of determining collateralized debt obligation (CDO) values and the effect of U.S. Central's losses is causing some corporates to delay December 2008 financials, or release them with an asterisk.

SEOUL, South Korea -- South Korea's 994 credit unions continued their collaborative approach to the movement by moving to a single centralized IT system to serve their combined five million members.

RALEIGH, N.C. -- The industry now in the grip of NCUA's corporate rescue crisis retains "lots of smart minds and good will" and can solve this problem without going to the last resort in the view of James Blaine, the president/CEO State Employees' CU.

WASHINGTON -- After a more than six-year political battle, Kenyan President Mwai Kibaki signed a measure to create a stronger regulatory structure for the country's credit unions, known there as savings and credit cooperatives (SACCOs).