News

NEWPORT BEACH, Calif. -- Bill Beardsley has been named the new chairman of NACUSO's Business Services Advisory Board.

RANCHO CUCAMONGA, Calif. -- Beginning today, credit union members whose institutions participate in the surcharge free CO-OP Network will be able to get surcharge free access to their ATMs at 321 Costco Wholesale warehouses around the country, the network said.

SAN FRANCISCO -- Zopa Ltd., the British-based online "social lending" firm, said Monday it is still soliciting U.S. credit unions and eyeing new markets in a follow-up to an initial six CUs which last week announced the start of "peer-to-peer" hookups matching borrowers and investors.

WASHINGTON -- CUNA has been lobbying the TJX company and its merchant processing bank, Fifth Third, trying to get credit unions impacted by TJX's record setting card breach more time to determine whether to accept the two firm's settlement offer.

WASHINGTON -- In an effort to take some of the heat of the issue of credit card issuer practices and credit card debt, the American Bankers Association has suggested that Americans' credit card debts are not as large as widely believed.

NEW YORK -- Leaders from community development credit unions met with leaders from two New York City departments recently to discuss how CDCUs could take a larger role in fighting poverty in the city.