News

ALEXANDRIA, Va. - NCUA was named receiver of Valley Credit Union in San Jose, California and immediately and sold its assets to Citizens Equity First Credit Union of Peoria, Illinois.

YAKUTAT, Alaska - Wycom Systems is now offering a turnkey Check 21 solution for credit unions, the company said.

WASHINGTON - A federal judge has delayed the trial of Bellco Credit Union's lawsuit against the Internal Revenue Service over $199,000 in unrelated business income taxes paid.

DULUTH, Ga. - Cooperative Services Inc. has its first merchant capture user, the suburban Atlanta CUSO said.

COLUMBIA, S.C. - Feeling the brunt of 14% unemployment in economically-depressed South Carolina, credit unions starting this month will ease loan terms and implement large-scale financial education and counseling programs.

WASHINGTON - For consumers concerned about the economy, the New Year couldn't have started soon enough.