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Business Loan Goes Bad for Canadian Credit Union

By Staff Writer

WINNIPEG, Manitoba, Canada - Pricewaterhouse Coopers is continuing an audit begun after loan irregularities were discovered during an internal audit at the Astra Credit Union. The board was informed in late October of unauthorized overdrafts and inaccurate reporting, Astra CEO Ian Dark said. The employee involved was immediately placed on...

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CUSCAL Expands Customer Base

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Founders FCU Spreads Holiday Magic

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January 17, 2006

2006 Will Bring ATM Technology Catch-Up, But Watch for Possible Interchange Changes

ARLINGTON, Va. - Credit union ATM deployers will move substantially closer to the dream of moving imaged checks from ATM to final presentation in 2006, but will need to keep an eye on possible changes to debit interchange structure, according to executives with leading ATM and EFT networks. "2006 will...

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January 10, 2006

Is Roth 401(k) Worth a Look?

The Roth 401(k) could be a valuable new offering for credit unions to offer employees. Page 10.

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January 10, 2006

Special Report: Auto Lending & Services

2005 was a solid year for auto lending for the credit union industry and both credit unions and the companies they work with to provide the services benefited. Read about this and other auto lending news on pages 20-23.

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January 10, 2006

Affinity Plus FCU Enhances Auto Center

ST. PAUL, Minn. - Members of Affinity Plus FCU who are shopping for a new vehicle now have a new channel for finding the right one to buy. Through the Affinity Plus Auto Center, the more than 126,000 members of the credit union can choose between three auto-purchasing channels -...

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January 10, 2006

Cabrillo CU Offers Hybrid Vehicle Loan Rate Discount

SAN DIEGO - Cabrillo Credit Union is doing its part to help consumers help improve the environment. The $159 million credit union is offering its more than 20,500 members an additional 0.25% rate discount on hybrid vehicle loans. "We know consumers are concerned about the high price of gasoline, as...

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January 10, 2006

CU Direct Connect Selects CULA as Indirect Leasing Partner

DENVER - CU Direct Connect, a wholly-owned CUSO owned by 37 Colorado credit unions, has expanded into the leasing business and selected Credit Union Leasing of America (CULA) as its indirect leasing provider. The CUSO said the Colorado exclusive partnership "will benefit credit unions, dealers and members with a safe,...

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January 10, 2006

Security FCU Offers Members Deals on GM Vehicles

FLINT, Mich. - Security FCU from its inception has had strong ties with Flint - it was chartered in 1949 as Flint Buick Employees FCU - and the credit union's ties with the city continues even with a community charter. The $232.8 million credit union has extended a financing program...

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Top News Stories

Business Loan Goes Bad for Canadian Credit Union

CUSCAL Expands Customer Base

Founders FCU Spreads Holiday Magic

Recommended Just For You

News Stories

2006 Will Bring ATM Technology Catch-Up, But Watch for Possible Interchange Changes

Is Roth 401(k) Worth a Look?

Special Report: Auto Lending & Services

Affinity Plus FCU Enhances Auto Center

Cabrillo CU Offers Hybrid Vehicle Loan Rate Discount

CU Direct Connect Selects CULA as Indirect Leasing Partner

Security FCU Offers Members Deals on GM Vehicles