News

Underbanked and lower income consumers and communities want convenience and low prices just like mainstream consumers do, but a recent study found that they also want intangible things like greater trust and a personal connection that credit unions may be better positioned to offer.

Two powerful nationwide consumer groups, the Consumer Federation of America and Consumers Union, have urged that overdraft loan programs be limited to depositors who wish to use them and not applied to all accounts.

CUNA and CUNA Strategic Services' 2006 combined financial strength beat out the previous two years, according to CUNA's Annual Report.

During an address at the Big Ten Credit Union Conference held at the University of Notre Dame, NCUA Vice Chairman Rodney Hood announced his "Blueprint for 2020" Initiative to bolster the bonds between colleges and credit unions.

If your credit union is trying to provide services to a Mexican immigrant population, and you haven't yet developed a relationship with your local Mexican Consular's office, you've already missed out on an outstanding opportunity.

NASCUS announced today that the Colorado Division of Financial Services has recently earned re-accreditation with NASCUS.

CUNA is urging NCUA to re-write its proposal for disclosure of "material" increases in compensation in mergers because the agency lacks "adequate substantiation."

The $1.6 billion Redwood Credit Union has been posting strong numbers to its credit card portfolio for three years running now. The credit union, which processes its card transactions with PSCU Financial Services, had 23% growth in its outstanding card balances in 2005, 28% in 2006 and appears set to...