News

WASHINGTON -- Any members of the $51 million K V Federal Credit Union who are opposed to the credit union's proposed charter change and merger with a local bank may find assistance from the National Cooperative Business Association.

ATLANTA -- Credit unions here joined by Georgia Credit Union Affiliates were again ramping up safety and soundness campaigns in the wake of the state's fifth bank failure, the second this month.

WASHINGTON - Complaining that banks have been given numerous opportunities to shelter income from taxes, CUNA today asked for a meeting with Treasury Department officials to make the case why credit unions should get more parity.

WASHINGTON -- A court-appointed receiver is now in place for a $50 billion Ponzi scheme involving Bernard L. Madoff Investment Securities LLC, the Securities and Exchange Commission said.

MURRIETA, Calif. - A fee management solution is now being beta tested by CUTEK and Technology Credit Union.

WILMINGTON, Mass. - Touchstone Federal Credit Union plans to convert to the NewSolutions core processing solution from Share One Inc. in July 2009, the company and credit union said.