Restricting CUs to belonging to one corporate is "contrary to the principle that member-owner natural person credit unions determine the future of their corporates and the corporate system as a whole," NAFCU wrote in its comment letter to the NCUA.

Treasury Secretary Timothy Geithner said today that the six consecutive quarters of economic growth indicated that there is little chance the economy will experience a double dip recession.

Akcelerant Software LLC said it added nearly 40 new customers in 2010 and now is nearing 60% penetration of the market for credit unions exceeding $1 billion in assets.

Twenty-two participants recently signed on or renewed their affiliation with the Minnesota Credit Union Network's Vendor Involvement Program.