News

DALLAS -- TNB Card Services, the card portfolio arm of credit union-owned Town North Bank, has purchased four more credit union credit card portfolios, pushing the total number of CU card portfolios they own and market in relationship with the credit unions to more than 125.

DENVER -- The planned acquisition of the failed New Horizons Credit Union of Denver by Texas-based Security Service Federal Credit Union gives the San Antonio CU a chance to broaden its Colorado footprint making it one of the largest CUs in the state, officials of Security Service FCU said Monday.

LATHAM, N.Y. -- Heeding alarms sounded here and elsewhere over the continuing decline in league membership impacting industry service and performance, CUNA disclosed Monday a special "Affiliation Task Force" met last week to plot ways to halt the CU member slide at leagues.

OKLAHOMA CITY -- Lisa Finley, the president/CEO of the Oklahoma Credit Union League, is no longer with the association, her formal departure reportedly effective at the end of the month, it was disclosed Monday.

DENVER -- The $4 billion Security Services Federal Credit Union of San Antonio has been declared the successful bidder for assets of the $180 million New Horizons Credit Union, which went into NCUA conservatorship a year ago after getting into trouble on Centrix Financial subprime and construction loans, the state's...

WASHINGTON--CUNA President/CEO Dan Mica was presented with the CEO Outstanding Communicator Award presented by the Cooperative Communicators Association.