News

NCUA Chairman JoAnn Johnson congratulated the Department of Treasury's Office of Financial Education on its fifth anniversary.

Elan Financial Services, a subsidiary of US Bank, has purchased the credit card portfolio of the $250 million Potlatch No. 1 Federal Credit Union headquartered in Lewiston, Idaho. The purchase brings 5,000 card accounts worth $6.6 million in outstanding balances to Elan, according to the Kessler Group, which brokered the...

The governor of Maine is expected to sign a bill into law that tightens requirements in order to promote responsible subprime mortgage lending.

Looking to tap a state poised for more lending growth, Member Business Lending, LLC has opened a regional operations office in Honolulu.

WASHINGTON -- CUNA's latest "Mica Minute" posted on You Tube capitalized on the recent release of the Government Accountability Office study on banks' tax savings and income versus credit unions.

OmniAmerican Bank, formerly OmniAmerican Credit Union, has a new CEO, according to the Fort Worth Star-Telegram. The former credit union CEO turned banker, Larry Duckworth, died unexpectedly on Feb. 8.