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OTTAWA, Ill. - The demise of small Illinois credit unions - and its political and financial repercussions - emerged last week as a prime topic of CU discussion following comments about the industry's economic health by the state's new Director of the Division of Financial Institutions Michele Latz. "Some of...

RYE, N.Y. - USAlliance FCU hopes that a change of leadership at CUNA Mutual will be a positive thing for its lawsuit against CUMIS. USAlliance filed a claim with CUMIS against its indemnity bond policy to pay a loss it believes falls under the employee or director dishonesty and lack...

HARRISBURG, Pa. - It's no revelation that some CUSOs out there rely a lot on their credit union owner or owners for personnel, resources and in many cases business. The $2.2 Pennsylvania State Employees Credit Union wanted the leaders of its tech CUSO, eCU Technologies, to know right off the...

NEW YORK-The New York State Credit Union League, in conjunction with CUNA, hosted a major event at Tavern on the Green in New York City for the state's representative in Congress and in the N.Y. legislature, as well as the convention delegates. Several members of Congress attended the event, including...

The Credit Union Times house ad that shows the gentlemen standing in front of his Peterbilt reading an issue of the publication is outstanding! What a great reflection on just how grassroots the credit union industry really is compared to other financial services providers. This gentleman obviously cares about the...

ALEXANDRIA, Va. - While NAFCU has come out in support of NCUA's proposal to clarify a 30-day waiting period for new officers to take their positions at new or troubled credit unions, CUNA has said it may have unintended consequences. Two provisions of NCUA's rules, 701.14(e) and (c), are inconsistent....

HELENA, Mont. - Efforts by the Montana Association of Credit Unions to advance the economic well being of Native Americans in the state through the American Indian Homeownership Campaign has been recognized by the Neighborhood Reinvestment Corp. Using funding provided by MACU's First Account Program, along with Rural Development and...

ARLINGTON, Va. - The number of different approaches to the way credit unions can surcharge at their ATMs continues to grow. In Harrisburg, Pennsylvania, the board of the Pennsylvania Credit Union Association has asked staff to research the feasibility of it partnering with Allpoint, a nationwide ATM network which is...