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Three More CUs Sign Up with Covera

By Staff Writer

Covera Card Solutions, the card processing firm that is affiliated with the New York Credit Union League, has signed three new credit unions--the $180 million First Source FCU, headquartered in New Hartford, N.Y., the $34 million Niagara County's FCU, headquartered in Lockport, N.Y. and the $34 million People's Transport FCU...

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NJCUL Re-Elects Board Table Officers

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Nineteen Arrested in $76 Million SBA Loan Scam

Nineteen people were recently arrested by the Department of Justice and charged with fraud in connection with more than $76 million in loans guaranteed by the Small Business Administration.

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February 06, 2007

Orange County's Credit Union Sponsors Latino Fair

The $845 million Orange County's Credit Union has introduced Vida Prospera, a new educational checking and savings program, at a Latino Community Fair that the CU sponsored on Jan. 27.

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February 06, 2007

Bidders Meeting Slated On New Horizons

The move by the Colorado Division of Finance to fund a buyer for the deeply troubled $180 million New Horizons Community Credit Union of Denver was progressing last week with a "bidders' meeting" slated here Feb. 8.

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February 06, 2007

Wanigas FCU, Central Michigan Community FCU Discuss Joining Forces

Looking to offer more products and services to members, Wanigas Federal Credit Union and Central Michigan Community Federal Credit Union have begun discussions on a possible merger.

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February 06, 2007

Desert Schools' Program Targets Undocumented Migrants, Accepts Consular Cards

The $2.7 billion Desert Schools Federal Credit Union is bracing for possible negative feedback from some of its more than 334,000 members over a savings program targeted at undocumented migrants.

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February 06, 2007

Veridian CU Gets Jump on Iowa Bill to Cap Car Title Loans with New Payday Loan, Savings Combo Alternative

To stop what some critics consider a vicious and exorbitant trap found with many payday loans, Veridian Credit Union is launching an alternative that not only provides emergency cash, but helps users save for the long term.

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February 06, 2007