News

Credit unions that issue credit and debit cards should continue to do so even though fraud losses might have bitten into their program's profit margins and hiked insurance premiums, CUNA Mutual Group has emphasized.

Orange County Teachers Federal Credit Union hosted a session for credit union executives and supporters to meet and exchange ideas with Rep. Ed Royce (R-Fullerton). The reception, held July 6 at OCTFCU, raised more than $35,000 for Royce, a longtime credit union supporter and original co-sponsor of the Credit Union...

The Federal Reserve Bank of Philadelphia recently announced the appointment of TruMark Financial Credit Union CEO Richard Stipa to its Credit Union Advisory Council.

Suzanne Cowan, director of the Wisconsin Office of Credit Unions, has been appointed to serve on the NASCUS Board of Directors, NASCUS Chairman Linda Jekel (Wash.) announced last week.

Even though the economy has been weaker than many economists would want, a survey conducted by the American Banker's Association has found that credit card delinquencies have remained at 13 year lows.

As a bill to lower private lender subsidies works its way through the legislative process, CUNA is trying to add credit unions as part of the exemptions.