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SAN DIEGO - Given the past and present economic conditions and fluctuating stock market, CUSO Financial Services, L.P. is forging ahead seeing its revenue grow by an astounding 385% since its startup more than three years ago "There has been a continuing strong demand from credit unions for quality member...

OVERLAND PARK, Kan. - CNBS, a broker-dealer owned by 18 corporate CUs and serving both corporates and CUs, said that year-to-date transaction revenue is already a new record in the firm's 13-year history. Broker-dealers throughout the country are benefitting from a low-rate, high liquidity environment that leaves CUs with a...

It's dangerous to call turning points in long-term trends, but I'm going to go out on a limb. To wit, we are very likely in the last stage of a series of cyclical mortgage refinancing booms, which began in the early 1980s. This suggests that the mortgage market will be...

Star One Credit Union, Austin, Texas has celebrated its 20th year of serving members throughout Texas. To celebrate the anniversary members were treated to food and refreshments. Star One CU has assets of over $2.3 billion and is ranked 15th in total assets among credit unions nationwide. South Division Credit...

BOSTON - There's no question that serving the unbanked can be lucrative -that's been proven by the success of check cashers. The question is how do CUs get at this often tough to reach segment? The answer may be ATMs and check cashers themselves. Contrary to popular opinion, most people...

SAN DIMAS, Calif. - Credit union shared branch network Financial Service Centers Cooperative, Inc. (FSCC) an international shared branching has added an automated adjustment system to its shared branching network. The system automates the largely manual process of adjustments between credit unions and significantly reduces the back office workload for...

ALEXANDRIA, Va. - NCUA has chartered Pioneer Community Federal Credit Union, a credit union which concerned residents of Palisade, Nebraska began forming after an area bank closed its branch in their town. The new credit union will serve persons who live, work, worship, or attend school in the low-income community...

WASHINGTON-CUNA and NAFCU told the Internal Revenue Service (IRS) that the costs outweigh the benefits in its proposal to change the reporting of interest paid to nonresident aliens in formal comment letters November 14, the same day the comment period closed. The proposed rule would require credit unions and other...