News

The $808 million Andrews Federal Credit Union has begun offering its members an alternative payday loan program.

With Kansas banks seeking to impose new field of membership limits, credit unions across the state were pumping up their lobbying activities last week to thwart banker-backed amendments to a CU-supported codification bill.

CashEdge Inc. said it executed more than $38 billion in account-to-account transfers initiated by consumers in 2007, a 300% increase from the year before.

After more than a year of fundraising, the credit union industry raised its voice in a show of support honoring Dr. Martin Luther King, Jr. to the tune of $1 million.

SEFCU has announced the recent promotion of John Lawler from senior vice president to executive vice president of Wealth Management Services.

Utah credit unions and banks were locked in delicate negotiations with state lawmakers last week to resolve a brewing clash over proposed changes to state laws aimed at easing business lending and field of membership limits.