News

ALEXANDRIA, Va. - The NCUA today added two new permissible CUSO activity categories-credit card loan origination and payroll processing services-and broadened the reach of two service categories.

MADISON, Wis. -- Extreme market pressures coupled with a recession will accelerate the rate of credit union mergers going forward, according to Dave Colby, chief economist at CUNA Mutual Group.

DURHAM, N.C. -- The Center For Responsible Lending, an affiliate of the $301 million Self-Help Credit Union, has issued two reports highly critical of mainstream credit card practices which bank card issuers will have to abandon as of July 2010.

MADISON, Wis.--World Council of Credit Unions has issued its call for nominations for the prestigious Distinguished Service Award, the highest honor bestowed by the international credit union system. Nomination forms are due March 2, 2009.

SAN FRANCISCO - Homebuyers are souring on foreclosed properties, according to a survey released by California-based real estate data firms Trulia.com and RealtyTrac.

SAN DIEGO -North Island Credit Union has chosen the Truemark service from Santa Clara-based Iconix Inc. (www.iconix.com) to help fight phishing.