News

TNB Cards Services, the card processing arm of credit union owned Town North Bank has continued to add card processing client credit unions as it has also purchased credit union card portfolios.

CO-OP Financial Services has named William Butler, the president and CEO of the $32 million Ohio Healthcare Federal Credit Union as the winner of its first annual Credit Union for Kids Leadership Award.

The Fair Isaac Corporation, the originator of the very widely used FICO scores for measuring credit histories, has announced that a change in the way it calculates the score will eliminate the ability of some with good credit scores to rent them out to people with lower credit scores.

Freshman Congressman Gus Bilirakis (R-Fla.) has joined the ever-growing list of lawmakers backing the Credit Union Regulatory Improvements Act (H.R. 1537).

Clifford Rosenthal, the executive director of the National Federation of Community Development Credit Unions, has been honored with the naming of a new community center in a part of New Orleans hardest hit by Hurricane Katrina.

The National Federation of Community Development Credit Unions has recognized two CDCU leaders for their unique and persevering work in community development.