News

ALEXANDRIA, Va.--NCUA has issued an opinion today stating that federal credit unions can hold onto their Visa stock after the conversion of Visa USA to a subsidiary of Visa Inc.

Marking an unusual collaboration of small credit unions implemented as protection and to further the CU cause, a group of six have begun operating a joint Web site here using grant money from NCUA and the Pennsylvania Credit Union Association.

The Securities and Exchange Commission and the Financial Industry Regulatory Authority have formed an alliance to further promote strong compliance practices at broker-dealer firms for the protection of investors.

IRnet, the network of low cost remittance services for credit unions that is administered by the World Council of Credit Unions, has seen a drop in remittances sent to Mexico over the last five months, according to an WOCCU manager. But the manager said it is not yet clear whether...

At a venue just downhill from the Capitol, CUNA and the National Journal sponsored a "Power Breakfast" with political pundits offering their thoughts on the "what ifs."

Credit unions who are looking to build their debit card programs might need to look first to the share draft procedures, according to Debra Beyer, a strategic account manager for Fidelity National Information Services. Fidelity National processes credit and debit card transactions for over 4,000 CUs nationwide.