News

Federal Reserve Chairman Ben Bernanke praised the work of community development financial institutions, including community development credit unions, at a recent Washington meeting.

As the $332 million Lafayette Federal Credit Union continues working through the process of converting to a mutual bank, the credit union will officially open its newest branch in a lower income, predominantly Hispanic part of Washington, D.C.

Affinity Plus Federal Credit Union recently hosted an event with Michael Cuddyer of the Minnesota Twins baseball team at its University Branch in Minneapolis. The visit must have proven good luck for Cuddyer since the Twins went on to win the division championship title and earned a spot in the...

Cabrillo Credit Union has taken fitness to a whole new level.

U.S. District Judge William H. Pauley, in Manhattan, granted preliminary approval Nov. 8 to a $336 million settlement of lawsuit over fees charged to cardholders for foreign-currency transactions.

To further extend its business lending reach, credit union-owned Cooperative Business Services, LLC has opened its first satellite office in Westerville, Ohio.