Credit Union Times | Accurate and Timely CU News

Canadian Centrals Form $7.5 Billion CU

By Michelle A. Samaad

VANCOUVER -- Nearly two years in the making, Credit Union Central of British Columbia and Credit Union Central of Ontario merged on July 1 to create the $7.5 billion Credit Union 1.

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Vantage CU Gives Away Free Gas

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Vantage CU Gives Away Free Gas

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July 02, 2008

SBA Ups Benefits for Flood Victims

WASHINGTON -- During another tour of flood-damaged areas in Iowa, the Small Business Administration said it has increased benefits to victims including immediate access to loans of up to $14,000 without collateral and a $500,000 increase in the disaster loan cap to businesses.

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July 02, 2008

SBA Ups Benefits for Flood Victims

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July 02, 2008

Five Massachusetts CUs Join Governor's Mortgage Aid for Vets

BOSTON -- Five Massachusetts credit unions are among a group of 50 financial institutions joining a new "Home for the Brave" program unveiled Wednesday by Massachusetts Gov. Duval Patrick to aid veterans with mortgage assistance.

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July 02, 2008

Department of Justice Comes Out Against Interchange Bill

WASHINGTON -- The U.S. Department of Justice has sent a letter to a U.S. Representative signaling its disapproval of a proposal to give the power to set card interchange to a panel of judges.

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July 02, 2008

On Site Coverage: CUs Need Tools to Appeal to More Low-and Middle-Income Consumers

NEW YORK -- Credit unions wanting to make more inroads among low-and idle-income customers must help them overcome anxiety about money and general distrust of financial institutions.

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July 02, 2008

Patelco's Hunter Says Cal State 9 and Sterlent Complement Strategic Plan

SAN FRANCISCO -- Why did Patelco purchase and acquire both Cal State 9 and Sterlent Credit Unions, when peers turned up their noses at the lending stink?

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July 02, 2008