News

ARLINGTON, Va. - Even though Asset Exchange, the leading independent broker of credit union credit card portfolios, reported that 13 CUs sold their credit card portfolios, worth $97.5 million, in the first quarter of 2006, overall the CU industry continued to show favorable growth from their card portfolios.

MIRAMAR, Fla. - In the Sunshine State, where the "big one" seems to hit again and again, one of the state's largest credit unions has prepared for hurricane season in a big way.

WASHINGTON - Savings were down a bit in April with loans increasing pulling credit unions' loan-to-savings ratio up to 78.8% at the end of the month, according to CUNA's Monthly Credit Union Estimates.

ATLANTA - Creditor Resources, Inc. has always focused on technology in serving the credit union market, but the company is taking it a step further with the launch of its new tech subsidiary, CRI Systems, Inc.

UPPER MARLBORO, Md. - No one at NASA Federal Credit Union needs to worry now about backup tapes being eaten by the dog or destroyed by dropping them down the stairs. Those are just some of the stories that Richard Heitmann has heard in his role as vice president of...

PRINCETON, N.J. - Veridian Credit Union in Iowa and Utah Community Credit Union have committed to using the PayAnyone integrated electronic payment and bill presentment solution from Princeton eCom, the company says.

PALO ALTO, Calif. - Stanford Federal Credit Union has long been on the leading edge of technology, so perhaps it's not too surprising the CU was the initial user of security tools that now are sweeping much of the online banking world. That would be those from PassMark Security, a...

SAN JOSE, SACRAMENTO, and LIVERMORE, Calif. - At Valley Credit Union, Schools Financial Credit Union and UNCLE Credit Union there are a few new credit union additions who do little more than play, eat and even sleep during business hours yet are charming members and fellow staffers alike.