News

House Financial Services Committee Chairman Barney Frank (D-Mass.) is seeking to exempt licensed online gambling operators after the activity was banned in legislation last year.

A spotlight shone on credit unions' success with international remittance services on May 17 when a CUNA executive explained to a subcommittee of the House Financial Services Committee how providing the services benefits the immigrants, their families in their home countries and the credit unions themselves.

It was yet another successful sail for Honda Federal Credit Union CEO Jim Updike and his credit union crew.

HSA Clearing is doing its part to ensure credit unions capture their share of the health savings account market. HSA Clearing and brokersXpress, an online trading and reporting provider for independent investment professionals, have recently teamed up to launch HSAs Financial -- a turnkey HSA brokerage solution for credit unions.

This has been a rough spring so far for the New Jersey Credit Union League, rocked by last month's firing of its president/CEO Robert Walls, the resignation of two of its directors, and some internal bickering over the organization's mission and servicing methods.

Achieva Credit Union has appointed Joseph Newberry to the position of president/CEO, succeeding retiring President/CEO Wendell Brooks.