Credit Union Times | Accurate and Timely CU News

House Panel Passes Housing Relief Measure

By Claude R. Marx

WASHINGTON -- A key House panel; on Thursday passed a measure to create an insurance fund that guarantees up to $300 billion in refinanced mortgages.

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House Panel Passes Housing Relief Measure

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Lieberman Introduces CURIA in Senate

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May 01, 2008

CUAnswers Adds Four New CUBASE Clients; Offers Free DP to CU Start Ups

GRAND RAPIDS, Mich. -- CU*Answers, the data processing CUSO here added four more credit unions to its client list by signing Community West Credit Union, Kentwood, Mich., Sentinel Federal Credit Union, Box Elder, South Dakota, The Finest Federal Credit Union, Brooklyn, New York, (a new start-up credit union) and CR...

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May 01, 2008

Oregon's Largest CU Beginning To Issue Cards

PORTLAND, Ore. -- The $2.6 billion OnPoint Community Credit Union will make history when it issues credit cards for the first time later this year.

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May 01, 2008

WOCCU Efforts Produce First Formal EU Nod For Credit Unions

MADISON, Wis. -- The World Council of Credit Unions is reporting the first formal definition of credit unions has been included in a European Union document, thanks to WOCCU lobby efforts.

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May 01, 2008

Arrowhead CU Due In Court Today to Face Member's Civil Suit

SAN BERNARDINO, Calif. -- Court proceedings begin today against $1 billion Arrowhead Credit Union, after a prominent local pastor filed a lawsuit stemming from an incident in which he was mistakenly arrested for check fraud.

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May 01, 2008

NASCUS Urges NCUA Not to Issue Merger Rules

WASHINGTON -- Federal regulation of the merger activities of state-chartered credit unions would be an "overly broad,'' application of NCUA's regulatory authority, said the National Association of State Credit Union Supervisors.

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May 01, 2008

Banks Dominate SBA Top 7(a), 504 Lender Awards

WASHINGTON -- Two banks and two small business finance corporations were recently named the top 7(a) and 504 lenders by the Small Business Administration for their efforts in helping small businesses with their financing needs.

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May 01, 2008