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ONTARIO, Calif. - The CO-OP Network, the largest credit union-owned, fee-free ATM network in the country, reached a landmark late in 2004. According to a source within the cooperative, CO-OP did over a billion transactions last year. The billionth transaction occurred on Wednesday, December 29, sometime between 2:00 and 3:00...

SALT LAKE CITY - The $1.3 billion Mountain America Federal Credit Union may not be directly impacted by that Dec. 9 judge's ruling against NCUA field of membership policies in Utah but that hasn't kept the Salt Lake CU from speaking out on the impending clash in the legislature over...

In 1994 a conglomerate of credit unions in central Kentucky approached Jack Kain Ford dealerships about credit union financing. The credit unions wanted to start offering financing to their members and potential new members through the dealership. They understood the enormity of the auto loan market, and they knew that...

ALEXANDRIA, Va. - NCUA recently clarified that a loan in question did not meet the one-to-four family dwelling exception listed in the regulator's MBL rules. According to MBL rule. 12 C.F.R. 723.1(b)(1), the exception for loans secured by a one-to-four family dwelling from the definition of an MBL only applies...

PORT HURON, Mich. - Troops in the 126th Armor Battalion, a division of the Army National Guard, that were scheduled for deployment to Iraq on Jan. 2, got a Christmas surprise from E&A Credit Union. The gift was in the form of a three laptop computers E&A Credit Union donated...

ALEXANDRIA, Va.-November 2004 saw 38 credit union mergers, the most in at least the last three years, according to NCUA's Insurance Report of Activity in that time period. Of the 38 mergers, 29 of the merged credit unions were under $10 million in assets. Nine were under $1 million, November...

WASHINGTON -Auto loans historically have been many members' first lending relationship with their credit unions, and that trend doesn't show any signs of changing. Despite dealing with continuing competition from manufacturers' rebate and incentive offers and an overall more intense auto loan market, credit unions continue to hold their own...

HARRISBURG, Pa. - eCU Technologies, the technology CUSO for Pennsylvania State Employees Credit Union, will be providing consulting services for $2.5 billion San Diego County Credit Union for an additional six months. eCU has been helping San Diego County make better use of the CU's Symitar Episys core processing system...