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WASHINGTON - The Federal Financial Institutions Examination Council agencies, including NCUA, jointly issued proposed guidance recently on the handling of bounce protection services. The credit union industry has seen a number of vendors courting credit unions to their overdraft protection products in recent years, including Strunk & Associates, John M....

PEWAUKEE, Wis. - With the number of consumers affected by identity theft continuing to increase, Wisconsin credit unions are using a public service announcement (PSA) for radio to warn consumers about the risks of identity theft and teach them ways to protect themselves from becoming victims. The PSA announcement features...

IFF Credit Union, Union Beach, N.J., has announced this year's IFF CU Scholarship Award recipients. Students were selected based on scholastic achievement and community service. This year's winners are Kerri Silva and Justin Cocuzza. 1st Advantage Federal Credit Union, Newport News, R.I., has presented scholarship to a four Peninsula High...

ARLINGTON, Va.-After 25 years at NAFCU-and fathering seven children in that time-one would think business associates would have a lot to say about NAFCU Senior Vice President and General Counsel Bill Donovan. Not Rick Maurano, a long-time Capitol Hill staffer who is now a lobbyist for Fannie Mae. At a...

ALEXANDRIA, Va.-In recent comment letters responding to an NCUA request for comment, CUNA and NAFCU said they generally approve of the exceptions in the agency's proposed rule on use of medical information in credit decisions. CUNA suggested that NCUA clarify that state chartered credit unions fall under the agency's proposal...

FREMONT, Calif. - Tranax Technologies, Inc. announced a number of high profile ATM network processor certifications for the MBS5000 Series of ATMs. Certifications include Fifth Third Processing Solutions, Metavante, Jack Henry & Associates, Fiserv Bowling Green, Genpass, Intrieve, Shazam ITS, and Core Data. Tranax markets the MBS5000 as a solid...

SOUTHBOROUGH, Mass. - Starting June 14, the offices of the Massachusetts Credit League will be found in the city Marlborough. The League will be moving into its new space on June 10 and June 11 from its current headquarters in Southborough. The new facility is seven miles from the current...

CUNA and CUNA Mutual have created an online toolkit with a plethora of ID theft resources to help CUs educate themselves sand members. It includes the following: *ID Theft-Checklist of Credit Union Responsibilities, outlining what the CU's responsibility is for fighting ID theft, *Links to member education brochures that offer...