Credit Union Times | Accurate and Timely CU News

Texans CU: Ready to Recover From $46 Million Loss

By Michelle A. Samaad

The $2 billion Texans Credit Union said a $46 million loss last year was mostly tied to having to increase its commercial loan loss reserves.

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Unemployment Hits 8.1%

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CUNA Says It Still Watching for 'Junket' Broadcast

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March 05, 2009

Hood: Crisis Underscores 'Validity' of Alabama/Florida League Consolidation

The economic crisis plus new mortgage opportunities for credit unions has given "real validity" to the newly-minted League of Southeastern Credit Unions, Guy M. Hood, president/CEO of the soon-to-be consolidated Florida Credit Union League said Friday.

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March 05, 2009

Over 7% of Consumers Surveyed Report Money Lost to Card Data Breaches

Gartner research has reported that 7.5% of consumers it surveyed have lost money due to some sort of financial fraud, most of the time breaches of their credit and debit card security.

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March 05, 2009

Consumer Credit Rises

Credit union consumer lending rose to $240.2 billion in January, up from $237.l6 in December, the Federal Reserve reported today.

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March 05, 2009

House Passes Measure With Cram-Down Provision and Some Benefits for CUs

Credit unions got a mixed back of goods when the House of Representatives passed a housing bill yesterday by a margin of 234-191.

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March 04, 2009

Southwest Corporate Schedules Its First ANPR Webinars

With NCUA's corporate bailout at the top of credit union agendas, Southwest Corporate Federal Credit Union is scheduling its first webinars on the topic March 20 and March 23, with a focus on the agency's advanced notice of proposed rulemaking.

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March 04, 2009

New Visa Ad Campaign to Highlight Debit Cards

VISA new ad campaign pushes its debit cards into a more prominent position than its credit cards and focuses more on the lower spending that is popular in the current economy.

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March 04, 2009