News

SHERRILL, N.Y. - Ask Mike Murrock why his credit union chose to deploy a leading-edge enterprise threat mitigation appliance, and he has a simple answer. "In a word, the NCUA," says the vice president of operations at $72 million ACCESS Federal Credit Union in upstate New York's Oneida County. "They...

POUGHKEEPSIE, N.Y. - A new add-on to its core processing system is allowing Hudson Valley Federal Credit Union to expand for the first time in 16 years the number of products for which members can receive automatic line-of-credit (LOC) increases. The $1.8 billion CU is one of four of the...

WILLISTON, Vt. - New England Federal Credit Union is benefiting in more ways than one from its participation in a credit union technology consortium, including deploying alerts and e-statement solutions springing from the consortium's sponsoring firm. Those two solutions are part of CUNotify, a package of notification software solutions aimed...

CUNA Mutual's alternative capital program for low-income credit unions has kicked off. Page 4.

After nearly 20 years of providing South Florida CUs mortgage services, Home Financing Center's reputation is growing. Read about it and other mortgage news on pages 23-29.

WASHINGTON - A survey recently commissioned by the Consumer Federation of America shows that lower-income and minority consumers are most likely to prefer Adjustable Rate Mortgages but misunderstand the interest rate risks of these types of loans, suggesting that they are "particularly vulnerable" to the risks of ARMs. Historically, states...