News

AUSTIN, Texas -- Led by CUNA, credit unions and their leagues fired up a vigorous public and insider campaign voicing loud opposition to NCUA's corporate rescue plan that would impose painful assessments on CUs via NCUSIF.

WASHINGTON - CUNA President/CEO Dan Mica released a statement this morning questioning the NCUA's plan to raise share insurance premiums on natural person credit unions to pay for a $1 billion capital injection for U.S. Central via the NCUSIF.

ARLINGTON, VA -- While the final numbers for credit union card performance have yet to be tabulated for 2008, it seems likely they will beat the numbers posted by some of the nation's largest card brands.

COLUMBUS, Ohio - Corporate One Federal Credit Union will use CheckFree's Advantage Fee solution for client billing and revenue management, according to Fiserv Inc.

WASHINGTON -- The SEC charged Gordon B. Grigg for allegedly defrauding clients out of at least $6.5 million and misrepresenting that their money was invested in the federal government's Troubled Asset Relief Program and other securities that do not exist.

NAPLES, Fla. -- The number of card offers mailed directly to consumers dropped to the lowest levels since 2003 last year, according to numbers reported by Cardtrak.com and compiled by its data tracking partner, Cardwatch.