News

In one of the largest credit union dividends ever, the $1.8 billion DFCU Financial will distribute $17.5 million to its members in January 2007.

For the first time in 12 years, the Democratic Party won control over the House of Representatives in the 2006 elections, as well as barely tipping the scale in the Senate.

Since this year's final data will not be available until early 2007, it's impossible to tell precisely how many credit unions sold their card portfolios to agent issuing partners in 2006.

At Treasury's Southwest Regional Conference on Reaching Unbanked People, NCUA Chairman JoAnn Johnson and other government officials took the stage to share consumer-oriented best practices.

Marking one of the largest year-end payouts to members, $10 million, Arizona Federal Credit Union promoted the event with Dec. 15 visits by NCUA Vice Chairman Rodney Hood and U.S. Sen. Jon Kyl (R-Ariz.). The state's second largest CU said the $10 million capital distribution underscored a good year for...

The Connecticut Department of Banking has compiled the results of its year-end 2005 survey of state-chartered credit unions it conducted to determine what types of fee-producing services are being provided to consumers. The results offer an interesting insight into the revenue producing services being provided to members through credit unions...