News

Two well-known credit union attorneys were selected last week to lead the American Bar Association's Committee on Credit Unions.

In just over one year after entering the indirect lending business, The Credit Union Loan Source, LLC, a multi-owned CUSO, reached the $100 million mark in serviced assets which represents about 4,600 motor vehicle loans.

The National Association of Credit Union Service Organizations will hold its second annual CEO Collaborative Sept. 14-15. This year's event will be hosted by CUNA Mutual Group and will be held at the company's headquarters in Madison, Wis.

There is no shortage of challenges and issues facing the credit union system, and three of the industry's leaders had the opportunity at the NASCUS State System Summit to share their perspectives on what they consider the primary issues the industry must address to preserve and strengthen state-chartered credit unions...

U.S. consumers will spend a record amount of money on their credit card purchases this year, according to a prediction from CardData, a firm which tracks credit card trends.

Linsco Private/Ledger Corp. has made another significant company change, this time announcing its plans to buy UVEST Financial Services, one of the country's largest providers of third-party brokerage services to financial institutions.