News

Credit Union Times is launching an expanded awards program in 2007. As the leading independent publication in the industry, the awards program is unbiased and open to all credit union professionals and volunteers, making it the premier awards program in the industry. Winners will be selected by the editorial department.

For residents here, the holidays don't officially start until they pay a visit to Services Center Federal Credit Union.

Credit unions could see stronger member loan demand in the latter part of 2007 thanks to a rise in consumer spending and personal income in November 2006.

Between 30 and 40 members of the $332 million Lafayette Federal Credit Union took to the floor at the Dec.16 meeting called as the final part of the credit union's attempt to change its charter to that of a mutual bank.

A new character to help credit unions better prevent plastic card fraud has appeared on the scene.

In official comment letters to NCUA, CUNA and NAFCU praised the agency for its quick turn around with the regulatory relief provisions to stretch the general loan maturity limit and authorize limited nonmember services, but said some clarifications are required.