News

WASHINGTON -- CUNA has reacted with strong comments after Bradley Rock, Chairman of the American Bankers Association, listed competition from "Government- Advantaged Institutions" including credit unions and the farm credit system as its third most important legislative priority.

WESTBROOK, Maine -- The Maine Credit Union League, which topped records in 2007 for its annual "Campaign For Ending Hunger" by raising more than $366,000 in donations, drew the praise of the state's first lady, Karen Baldacci, for the industry's social awareness in ceremonies here Monday

MADISON, Wis. - The Filene Research Institute has released a report on credit union access to alternative sources of capital that is so comprehensive it includes the perspectives from credit unions who argue such ability would undermine what makes CUs unique.

HARRISBURG, Pa. -- The move by Bank of America and Wells Fargo last summer to raise ATM foreign fees to $3 is being joined by JPMorgan/Chase Bank, it was disclosed Monday, as the increases continue to come under scrutiny from credit unions and financial interest groups.

LATHRUP VILLAGE, Mich. -- The Allen Temple C.M.E. Church will soon undergo renovations thanks to a commercial loan from Michigan First Credit Union

FORT WORTH, Texas -- OmniAmerican Bank, an institution which started life as OmniAmerican Credit Union before converting to a bank charter in 2005, has suffered a date security breach that allowed some of the bank depositors to have money stolen, according to local press reports.