News

NEW YORK -- More than 250 commercial banking executives in a recent survey ranked customers knowing they have more bargaining power than ever before as the most critical challenge facing their banks.

APPLETON, Wis. -- Linda Kennedy has been hired as the new CEO of Business Lending Services LLC, a joint venture between Business Lending Group and Corporate Central Credit Union.

JACKSONVILLE, Fla. -- Tower Federal Credit Union and Dow Chemical Employees' Credit Union are now processing their credit cards on the Base2000 platform from Fidelity National Information Services Inc., the company said.

SEATTLE -- NCUA Chairman Michael E. Fryzel said today his approach to policing credit unions was to have regulations that are "as minimal as possible, as much as necessary.''

WASHINGTON -- Two noted credit union leaders and pioneers will share the National Credit Union Foundation's 2009's Herb Wegner Memorial Award for Individual Achievement.

ATLANTA -- As part of a collaborative kicked off last year, the Internal Revenue Service will host its quarterly conference call for credit unions that are either interested in or are currently participating in the Volunteer Income Tax Assistance program.

ATLANTA -- As part of a collaborative kicked off last year, the Internal Revenue Service will host its quarterly conference call for credit unions that are either interested in or are currently participating in the Volunteer Income Tax Assistance program.

PORTLAND, Ore. -- Credit union credit card portfolios worth more than $1 million in assets grew by 14% in the year between June 2007 and June 2008, according to analysis performed by Asset Exchange.