News

The Federal Reserve System seems at last to be acknowledging credit unions as important economic players based on new inquiries about district data, according to NAFCU's top economist.

The last computer hacker associated with the ring that stole millions of credit and debit card numbers from retailers and cost card issuers tens of millions of dollars received five years in prison.

Despite calls for corporate consolidation, small corporate executives told Credit Union Times they are not in merger discussions nor are they likely to merge.

The Texas Credit Union League debuted its matchmaker service this week to aid credit unions with mergers.

Larry Eisenhauer, president/CEO of the $340 million Kansas Corporate CU, said his members want the corporate to "remain a separate entity."

Eaton Family Credit Union of Euclid, Ohio, has expanded its mobile banking offering to include the ability to handle more kinds of phones and ways to use them.