News

A housing downturn and the subprime mortgage fallout has shaken the confidence of some credit union CEOs when it comes to their financial institution's performance and members' financial status.

Pete Snyder of SCS Consulting and Callahan and Associates has formulated a benchmarking program to gather and analyze data on retail credit union investment programs. For the first time, global information will be provided by the nine major broker dealers that work with CUs that, combined with the 931 credit...

The entire Georgia congressional delegation has written House Financial Services Committee Chairman Barney Frank (D-Mass.) and Ranking Member Spencer Bachus (R-Ala.) encouraging them to hold a hearing on the Credit Union Regulatory Improvements Act (H.R. 1537).

Since becoming a credit union service organization Autoland, the nation's largest and the West Coast's leading credit union auto-buying service, has signed 13 new credit unions and now serves more than 300 CUs.

While not advocating for private primary deposit insurance, NASCUS in a recent letter did support a state's right to determine whether or not to allow for it.

CU*Answers is now offering its core processing clients a collections system that lets credit unions use the functionality of their installed technology.