News

In response to member surveys and feedback, the Southeast Michigan State Employees Federal Credit Union has lowered its non-sufficient funds fee from $23 to $20. The decrease began on Sept. 25 and will continue for a six-month trial period.

Texans Credit Union has turned to Identity Fraud, Inc. to help its members in the fight against identity theft.

The $1.6 billion Wings Financial Federal Credit Union does not plan to attempt to convert its charter to that of a mutual bank even though its CEO, Paul Parish, resigned from different positions with CUNA and NAFCU over the charter change issue.

In its continuing efforts to improve its response to major disasters, the Small Business Administration has brought back James Rivera as deputy associate administrator to lead the agency's Office of Disaster Assistance.

Savings growth at credit unions continues to be a disappointment.

NCUA Office of Small Credit Union Initiatives Director Tawana James "In terms of the easiest type of institution for the program to certify, it tends to be credit unions." --Treasury Community Development Financial Institution Fund's Pam Williams "You don't want to forget the weakest link in your security model and...