News

WASHINGTON -- Credit unions could exempt themselves from negotiations over interchange fees if they feel it would benefit them, according to an amendment introduced today during the House Judiciary Committee markup on the subject.

WASHINGTON -- In yet another sign of the nation's economic problems, the consumer price index rose 1.1% in June, the largest increase since 1982, according to data released today by the Labor Department.

CHANDLER, Ariz. -- First Credit Union (www.firstcu.coop) has added the ATM- and branch-locating services of BranchMap to the $503 million CU's Web site.

ENCINO, Calif. -- The Los Angeles Times reported Tuesday that police were dispatched to IndyMac Bank branches here and in nearby Northridge to calm tempers among customers waiting outside to withdrawal funds from the failed bank.

HONG KONG -- Focusing on environmentally sustainable operations and lending policies can both save CUs money and provide them an avenue to younger members, according to a CEO of an Australian credit union which is a leader in the field.

LENEXA, Kan. -- Standard & Poor's joined Fitch Ratings in affirming U.S. Central's debt ratings, despite the corporate's recently announced 2007 losses.