News

PORTLAND, Ore. - Western Reliance Corporation, a collateral protection insurance and tracking systems provider, has named JoLee Conver chief operating officer. Conver has over 25 years of experience working with financial institutions in various customer service-oriented positions. She will oversee all operational activities including insurance tracking, customer service, claims and...

WASHINGTON-Credit unions and other lenders have been fighting to reform bankruptcy protection laws for several years now and credit union lobbyists have said, though it is not impossible, it is unlikely bankruptcy reform legislation will be signed into law this year. Still the credit union trade associations are pushing just...

BANGKOK, Thailand - Most credit union organizations work in one country, one language, one culture, one government. For the Association of Asian Confederation of Credit Unions (AACCU), which is a regional networking body for credit unions throughout 12 Asian countries, the only constant is the credit union philosophy. The group...

SAN DIEGO -Credit unions are only doing an "average" job in reaching out to the underserved and unbanked, forcing tens of millions of people to seek out alternative financial services such as check cashers and payday lenders. And credit unions only receive average marks for serving the young. A 20-year-old...

SAN DIEGO - Robberies at credit unions have more than doubled since 1990, with robbers viewing credit unions as much easier targets than banks and other financial institutions, according to one of the most experienced bank robbery investigators in the United States. "Credit union robberies over the last 14 years...

CUNA Mutual Mortgage announces announces a new mortgage servicing group that it says could save credit unions big bucks over time. Page 18.