News

Over the next 12 to 18 months, repairing members' balance sheets may be the primary source of loan growth for credit unions.

Cliff Rosenthal, National Federation of Community Development Credit Unions president/CEO, highlighted the liquidation of Kappa Alpha Psi FCU in a request for credit unions to take a stand against overaggressive examiners.

Key contract wins were announced this week by the largest and smallest core processors for credit unions.

Coastal Federal Credit Union will be introducing a new overdraft forgiveness program starting this Sunday when the new overdraft regulations go into effect for existing members.

The $150 million Mid Missouri Credit Union of Fort Leonard Wood has come up with a new fundraising promotion to support Homes for Our Troops.

ID Insight said it has been awarded a patent for its method of identifying differences in addresses that helps credit unions and banks identify potential identity theft.