News

Citing the downturn in auto lending in a now difficult market, the outgoing chairman of Credit Union Direct Lending Corp., Henry Wirz, appealed today for greater CU collaboration through the CUDL network as a means to halt the slide.

A very optimistic Larry Kudlow of CNBC told attendees of CUNA Mutual's Discovery Conference this morning that terrorists have no chance to derail America's economic might and change the way Americans live.

The NCUA Board showed its unanimous support for the Prompt Corrective Action proposal currently included in the Credit Union Regulatory Improvements Act (H.R. 1537) at today's meeting.

The NCUA Board showed its unanimous support for the Prompt Corrective Action proposal currently included in the Credit Union Regulatory Improvements Act (H.R. 1537) at today's meeting.

The NCUA Board today approved for a 60-day comment period a proposal to insert a conflict of interest clause into its eligible obligations rule.

Roughly six years after selling it credit card portfolio to Bank of America's FIA Card Services (then MBNA) the $121 million BestSource Credit Union has declined to renew its contract with FIA and gotten back into the business of issuing.