Credit Union Times | Accurate and Timely CU News

Standard & Poor's Downgrades Fiserv

By Lindsey Siegriest

Standard & Poor's Rating Services announced that it has lowered the corporate credit rating on Fiserv Inc. to BBB- from BBB.

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CU*Answers Holds 'Biggest Loser' Challenge

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Former NASCUS Chairman Reynolds Retiring

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March 08, 2010

Becker: NCUA Reviewing FDIC Corporate Debt Sale

NAFCU President/CEO Fred Becker told the Credit Union Times today he thinks the NCUA is "trying something similar" to the FDIC as it attempts to separate toxic assets from corporates seeking recapitalization.

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March 08, 2010

Fowler New CEO of South Carolina League

Steve Fowler, executive vice president and principal lobbyist for the South Carolina Credit Union League, was tapped Monday as its new CEO.

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March 08, 2010

Texas CU's Biz Services Bursting at the Seams

The $1.5 billion GECU in El Paso, Texas said it has seen such robust business services growth that it has moved that department to a bigger facility.

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March 08, 2010

First Data Survey Shows Consumers Dipping Their Cards More

Credit unions that rely on card interchange for a good part of their noninterest income should see improved numbers from February and going forward, according to First Data Corp.

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March 08, 2010

Bynum Urges More Money for CDFIs

Community Development Financial Institutions need more money to meet the demands of the low-income communities that were disproportionately hurt during the recent economic downturn.

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March 07, 2010

Consumer Credit Down at Credit Unions

Credit unions had $235.8 billion in outstanding consumer credit in January, down from the revised figure of $237.2 billion in December, according to data released by the Federal Reserve.

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March 07, 2010