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MADISON, Wis. - The decision to go into small business lending for many credit unions comes down to whether they can compete with those who have been originating loans longer. This year's CUNA's Future Forum will include a session that asks `should credit unions explore small business lending.' "The record...

WASHINGTON - The exchanging of a loan participation among credit unions is at the root of a Financial Accounting Standards Board (FASB) proposal that some in the industry say could hurt those CUs close to the 12.25% member business lending cap. FASB has proposed amending FASB Statement No. 140, Accounting...

Recent reports concerning credit unions choosing to sell their credit card portfolios have many in the industry clamoring to know "Who will be next and at what premium?" I'd suggest, however, that the paramount question to answer is, "Are such credit unions truly getting the maximum value from their card...

BEAVERTON, Ore. -Credit unions in Oregon and Southwest Washington have raised more than $1 million this past campaign year for Credit Unions for Kids, a Children's Miracle Network program that benefits children's hospitals in the Pacific Northwest. The Credit Unions for Kids program is the third highest fundraising organization for...

WASHINGTON - CUNA is working with the American Football Coaches Association, the Federal Bureau of Investigation, the National Child Identification Program, and Congress to help solve child abductions. Shortly after deadline, the groups were scheduled to hold a joint press conference in the Cannon Terrace of the Cannon House Office...

ONTARIO, Calif. - CO-OP Network member credit unions will be able to offer their members access to 1,000 more ATMs from Maine to Florida based on a new deal signed last week. CO-OP Network formed a branding deal with TRM Corporation, which has ATMs located in The Pantry and Cumberland...

WASHINGTON - The IRS's Advisory Committee on Tax Exempt and Government Entities (ACT) will hold a public meeting to address employee plans operational guidance and ways to enhance enforcement and compliance with tax-exempt organizations. ACT's 17-member panel includes external stakeholders and representatives who deal with employee retirement plans, tax-exempt organizations,...

According to Callahan & Associates, Inc., the industry now has 88 credit unions with more than $1 billion in assets for a collective total of $194 billion and 18 million members. These credit unions also have the distinction of having the highest average ROA (among the 9 peer groups) at...