News

Executives with the New Jersey Credit Union League, the state banking department and a local community action partnership have been meeting to discuss the founding of the first state chartered credit union in the state in the last 10 years.

Don't look now, but it appears the issue of credit card interchange may be reappearing on the national agenda.

When it comes to building a successful business Corporate One has done it over and over again.

Stolen credit cards are now being used to purchase gift cards that are then sold, often online, according to card security and retail experts and media reports.

Coming around the same time a nationally-known business lending CUSO opened its first regional office and NCUA Vice Chairman Rodney Hood's praise of a credit union's program here, Hawaii is poised to make it easier for small businesses to have a say.

In a letter to key members of Congress on the eve of a hearing tomorrow on enforcing nondiscrimination in mortgage lending, NAFCU Director of Legislative Affairs Brad Thaler wrote that credit unions are doing a better job than banks of serving those of modest means and minorities.