One of the National Credit Union Foundation's more unusual grants this year went to the 28,000-member $201 million asset Carter Federal Credit Union, headquartered in Springhill, La. The foundation provided $25,000 for the credit union to produce financial education trailers that will run before movies at a film camp popular...

Credit unions should set aside between 8 and 11 basis points for next years assessment to pay for the corporate credit union rescue, NCUA Chairman Debbie Matz advised last week.

Stanford Federal Credit Union is replacing its 12-year-old core processing system from Open Solutions Inc. with the companys flagship DNA solution, the company and credit union said.