News

It's a road Delta Community Credit Union has been down before.

Amid the market volatility of recent months, credit unions placed significant investments with Southwest Corporate Federal Credit Union during 2007. Last year, credit unions in-vested nearly $1.4 billion in "special certificates" and "reverse inquiries" alone. That figure marked a sharp increase over the $1 billion invested in these particular instruments...

NCUA's policy of requiring credit unions considering conversions to facilitate communication among members about the conversion appears to have fostered strong debate about the topic at two CUs currently thinking about making the change.

Although much remains uncertain about the deal, which is subject to the vagaries of financial markets and legal settlements, credit unions that issue Visa cards stand to gain a possibly substantial financial windfall from Visa Inc's initial public offering of stock expected later this year.

Robins Federal Credit Union showed its community spirit and support by honoring their local American Little League World Series Champions.

As Credit Union Development Educators and credit union supporters flow into Washington for CUNA's Government Affairs Conference this year, they will find an opportunity to help meet the practical needs of hungry people.

As credit unions decide whether to offer mobile banking, they might want to keep this in mind: More people own mobile phones than have banking accounts.

State chartered credit unions in California got a reprieve from the annual chore of filing individual IRS Form 990s when the state's Department of Financial Institutions announced that, for at least one more year, it would file a group 990 form with the Internal Revenue Service on behalf of participating...