News

ARLINGTON, Va. - Cardweb.com, a Web site which tracks different card trends, has reported that big card issuers have once again hiked their so-called "penalty" annual percentage rates which they say they reserve only for cardholders who miss payments. Cardweb reported that these APRs had increased from an average of...

ARLINGTON, Va. - As the question of whether or not a credit union should sell its card portfolio remains active, more credit unions which have had success with their card programs have stepped forward to tell others how they have done it. Executives from three credit unions, the $4.7 billion...

The Utah FOM case took another litigious turn. Page 6.

How are CUs dealing with the changing mortgage rate and lending environment? Turn to pages 20-24 to learn how and read other CU-related mortgage news.

RESTON, Va. - California and Florida no longer have the dubious distinction of being the states with the highest incidence of mortgage fraud. According to a recently released study by the Mortgage Assets Research Institute, Nevada, Georgia, South Carolina, Utah, and Michigan are now in the top ranking spots. The...

These days to be included in the Top 100 credit unions by members listing, a credit union would have to have 100,000 members. Even more exclusive is the number of CUs with more than a million members. There are only two and they happen to be the No. 1 and...