News

NEW YORK -- The corporate credit union stabilization plan recommended by the NCUA will wipe out this year's earning from almost every community development credit union in the country and may "permanently shutter" a number of them.

RALEIGH, N.C. -- With a track record of more than seven million borrowers and $6.5 billion in disbursed funds to microbusinesses, North Carolina's credit unions and banks have certainly taken notice of Grameen America.

PORTLAND, Ore. -- It's time for credit unions to get their members talking and Psst, a word of mouth marketing agency created exclusively for banks and credit unions, is ready to help.

Credit unions debuted in the latest University of Michigan American Consumer Satisfaction Index by thumping banks, achieving an 84 on ACSI's 100-point scorecard compared to 75 for banks.

Arizona Federal Credit Union, still wrestling with large loan losses, is closing four of its branches April 4.

Law enforcement authorities in the Tallahassee, Florida area arrested three men and charged them with using card numbers stolen in the Heartland Payment Systems data breach to commit credit card fraud at local Wal-Mart stores.