CUNA Chief Economist Bill Hampel has responded to a Fitch Wire article critical of raising the credit union member business lending cap that read like it came straight off a banker lobbyist talking points list.

Rather than pass debit interchange savings from the Durbin Amendment on to consumers, gasoline retailers are pocketing the difference, according to the Electronic Payments Coalition.

Alaska USA Federal Credit Union has been recognized as the No. 1 lending institution in 2011 for the U.S. Small Business Administrations 504 loan program by Evergreen Business Capital.

Jim Minge, president of the $726 million Texas Trust Credit Union, was elected to the board of directors of the Texas Credit Union League. He is one of 12 new board members who will take office April 18 upon conclusion of the league's annual meeting in Galveston.