News

SAN FRANCISCO -- After 15 months of groundwork and NCUA's approval, Credit Union Health Benefits of America, a new health plan nonprofit mutual benefit corporation, will make its debut in early 2009.

BELLEVUE, Wash. -- Online broker ShareBuilder Corp. said deciding which credit unions partnerships to keep and which to end has been a difficult process.

JANESVILLE, Wis. - The Chrysler shutdown may top the economic bad news but the $300 million Blackhawk Community Credit Union is girding for the worst in this already hard-hit General Motors town.

ALEXANDRIA, Va. - The NCUA today added two new permissible CUSO activity categories-credit card loan origination and payroll processing services-and broadened the reach of two service categories.

MADISON, Wis. -- Extreme market pressures coupled with a recession will accelerate the rate of credit union mergers going forward, according to Dave Colby, chief economist at CUNA Mutual Group.

DURHAM, N.C. -- The Center For Responsible Lending, an affiliate of the $301 million Self-Help Credit Union, has issued two reports highly critical of mainstream credit card practices which bank card issuers will have to abandon as of July 2010.