News

Larry Strong, veteran president/CEO of the $425 million Velocity Credit Union here, has given up his title as president, with previous Chief Operating Officer Debbie Mitchell assuming that job.

ICUL Service Corporation and Members United Corporate Federal Credit Union consolidated their check processing operations as of Dec. 10. The combined program is owned and operated by Members United.

Thanks to NAFCU President Fred Becker, "America's best kept secret" is out.

The Alabama Credit Union League is firming up its public policy on overdraft protection, warning that unnamed financial institutions--primarily banks--are taking advantage of consumers with unsavory practices.

A program which hopes to allow consumers all over the country to donate a penny to the United Way every time they use their debit or credit card has gotten its start with a $27 million credit union headquartered in White Plains, N.Y.

Individuals with prior military service--a segment that more credit unions are reaching out to--tend to be self-employed, according to new research.