News

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...

SYDNEY, Australia - Non credit-union members have been targeted for financial services by the Credit Union Services Corporation of Australia, Ltd. (CUSCAL). Under the new business plan they will allow non-credit unions to become share holders, but they have also stated that the move will not diminish their commitment to...

LANCASTER, S.C. - Holiday magic was alive and well for five lucky Founders Federal Credit Union members who received a day's Visa Credit Card purchases free. Susan Hord, Shaun Garcia, Pam Ramold, Eugene Robertson and William Dorn used their Founders Visa Credit Card during the month of November and were...

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...

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

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.