News

The $1.4 billion HarborOne CU, determined to set a model for U.S. credit unions in aiding beleaguered homeowners during the current mortgage turmoil, has set next Monday, Sept. 17 as the grand opening for its "Multicultural Banking Center."

Excelsior Credit Union and Capital Communications Federal Credit Union will merge on Oct. 1.

Members of Congress officially supporting CURIA rose to 124 after Congress returned to session last week.

In response to a request for comments to the Federal Trade Commission following up on a recommendation by the President's Identity Theft Task Force, NAFCU said credit unions' use of Social Security numbers is essential but fiercely protected.

The Maryland & D.C. Credit Union Association wrote a letter to the District of Columbia City Council last week encouraging the council to extend its current 24% usury cap to cover payday lenders in Washington, D.C.

The $1.7 billion Coastal Federal Credit Union, the second largest credit union in North Carolina has joined Allpoint Network, the ATM network that is a subsidiary of Cardtronics has announced.