News

ALEXANDRIA, Va. -- Federal credit unions can't make contracts for ATMs with third-party providers if the arrangement doesn't give the credit union an ownership or leasehold interest in the ATM.

FARMINGTON HILLS, Mich. -- As part of a new initiative to encourage Michigan high school students to pursue a higher education within the state, Community Choice Credit Union announced that it will be awarding $1 million in scholarships to students attending a college or university in Michigan.

LANSING, Mich. -- The members of Auto Body Workers Credit Union voted unanimously to merge with Auto Body Credit Union.

WASHINGTON -- An analysis of the latest HMDA data indicates that while the credit crunch has lead to higher denial rates, CUs are still more likely to approve mortgage loans for minorities and low- to moderate-income borrowers.

MUSCLE SHOALS, Ala. -- For Listerhill Credit Union, a small dose of technology is easing a big pain in the back.

WAYNE, Pa. -- Cross selling investment and insurance services appears to be making some strides as financial institutions have stepped up the integration of both programs.