News

WASHINGTON -- Credit unions are gearing up to try to defeat a Senate measure that would cap interchange fees, which they argue would hurt credit unions and make credit less available to consumers.

CU Times Correspondent-at-Large

DES MOINES, Iowa -- Conditions were improving for Iowa credit unions Tuesday as the cleanup process begins with eight still having closed branches and only one, Metco of Cedar Rapids, having to relocate operations to another CU, according to the Iowa superintendent of credit unions.

GLASTONBURY, Conn. -- The European, Middle Eastern and African market is next for Open Solutions Inc.

WASHINGTON -- In response to a June 12 New York Times article that quoted sources criticizing the Small Business Administration's office of disaster assistance, the agency told the publication that its progress has been praised by credit unions, banks and community lenders.

BROOKLYN, N.Y. -- The $1.2 billion Polish and Slavic Federal Credit Union has launched a mobile branch to bring the CU closer to its steadily farther flung membership.