News

DURHAM, NC - The $25 million Latino Community Credit Union, the relatively young CU formed to serve the burgeoning Hispanic population in North Carolina, has begun to offer a credit card.

LAKE BLUFF, Ill.- Do credit unions that sell their card portfolios to banks do their members a disservice? Ondine Irving, a former card executive and consultant who has branched out to start her own firm suggests that in some cases they have.

CUSOs are in a better position to handle the pressures of innovating. Read about that and more in the special report on pages 22-24.

Find out how Joe Melbourne brought CFE FCU into the Billionaire's Club. Page 20.

SHREWSBURY, N.J. - While the number of wholly-owned CUSOs still outnumber multi-owned CUSOs, many credit unions that have wholly-owned CUSOs are also owners in multi-owned ones. As this chart shows, 183 credit unions are owners of both.

KIRKWOOD, Mo. - Heartland Business Services, LLC, a multiple-owned CUSO formed five months ago to provide back-office support for credit unions offering member business loans, and now one of the new CUSO's owners - Electro Savings CU - has made its first loan through the new service organization partnership. The...