News

MOUNTAIN VIEW, Calif. - Expert predictions of Health Savings Accounts (HSAs) gaining popularity seem to be on target and health insurance companies across the country are responding to the demand. According to an eHealthInsurance report, Health Savings Accounts: The First Six Months of 2005 consumers are paying an average of...

ARLINGTON, Va. - Despite concerns that college students may not have the knowledge or responsibility to use credit cards responsibly, many card issuers have pressed forward with marketing efforts aimed at college students. Now there is more evidence that the cautionary voices may have been right. A new survey has...

SEATTLE - Card executives from three credit unions, the $243 million MaPs Credit Union, headquartered in Salem, Oregon; the 484 million Credit Union 1, headquartered in Anchorage, Alaska and the $17 million Bowdoinham FCU, headquartered in Bowdoinham, Maine, have received scholarships to PEMCO Technology Services annual symposium in October. The...

WEST PALM BEACH, Fla. - The National Association of State Chartered Credit Union Supervisors' Annual Conference and Symposium being held this week in Chicago marks the 40th anniversary of the association. Starting with St. Mary's Cooperative Credit Association of New Hampshire, which was the first state-chartered CU in the U.S....

LAKE BLUFF, Ill. - Too few credit unions get the in-depth information that they need before they make major decisions about their card portfolios, such as whether or not they should keep or sell them, without really fine tuning their program to get a good understanding of how it could...

Turn to the mortgage special report on pages 20-25 for news on home equity loans, GSE reform and more. Also, look for more mortgage-related coverage on page 18 with our on-site coverage of CU Members Mortgage Annual Conference.

North Carolina Congressman Patrick McHenry's bill to take away some of NCUA's power in regulating CU-to-bank conversions is sitting well with North Carolina CUs. Page 9.

WASHINGTON - If the housing market ends the year as the National Association of Realtors predicts, then rising home prices and mortgage rates will not have cooled home sales too much. Looking to the end of 2005, NAR predicts home sales to trend down from record levels in the second...