News

Navy Federal Credit Union is finding a big payoff in its cash rewards program linked to a Visa credit card.

Former Congressman Eric Massa (D-N.Y.), who resigned this week in the wake of allegations about inappropriate behavior toward male aides, was a co-sponsor of the bill to raise the cap on member business loans to 25% of assets.

The National Federation of Community Development Credit Unions will make an additional $1 million available to help community development credit unions attain enough capital to access other funds.

Eastern Corporate Federal Credit Union has launched a downloadable app for remote deposit capture through smart phones on the Google Android platform.

To further tap the small business market, the Illinois Credit Union League has partnered with card solution firm Primax to serve as a merchant and cash advance provider for more than 3,100 credit unions.

Eastern Corporate Federal Credit Union President/CEO Jane Melchionda has accused U.S. Central Federal Credit Union of withholding crucial information from its members in her Part 704 comment letter.