News

OVERLAND PARK, Kan. -- As credit unions continue to navigate the murky waters of industry consolidation, an increase in regulatory compliance mandates and an aging membership, some may wonder if the traditional credit union business model is still working.

JACKSONVILLE, Fla. -- A technology CUSO consisting of four large credit unions has signed a deal with Fidelity National Information Services, the card processor for the majority of credit unions

HARBOR, Ore. -- Chetco Federal Credit Union's Benefit Golf Tournament has helped raise $25,000 for the Brookings-Harbor Community Helpers Food Share.

NAPERVILLE, Ill. -- Eight credit unions have made a financial commitment to bring more than $100 million in student loans to college students for the upcoming school year.

NAALEHU, Hawaii -- Conclusions that the new housing bill won't affect credit union reverse mortgage lending are incorrect, said Bernard Balsis Jr., president/CEO of the $13 million Ka'u Federal Credit Union.

WASHINGTON -- Corporate credit union officials are reporting that the Treasury's bailout of Fannie Mae and Freddie Mac could rebound the value of mortgage-backed securities owned by the corporates.