News

NCUA issued a guidance letter to corporate credit unions recently providing new instructions on accounting for future-dated automated clearinghouse transactions.

Time is ticking away before Congress' Thanksgiving recess, but another co-sponsor has been added to the Credit Union Regulatory Improvements Act (H.R. 1537) in time.

While the Consumer Overdraft Protection Fair Practices Act (H.R. 946) has not gone away, CUNA has received strong indications that it has been delayed.

Philadelphia Federal Credit Union is continuing to do what it can for Hurricane Katrina survivors.

TNB Card Services, the card processing and portfolio management arm of credit union-owned Town North Bank, has purchased 140 credit union card portfolios since 2002, the CUSO said.

Recognizing the industry push toward multi-state operations, the Credit Union Association of Colorado has landed its first out-of-state member, the $4.1 billion Security Service Federal Credit Union of San Antonio.