Despite nine consecutive months of loan portfolio contraction, member business loans continue to be among those outpacing other credit union lending categories.

Commenting on FinCEN's proposed rules on cross-border electronic transmittals of funds, NAFCU asked the agency to consider the regulatory burden, the amount of information it already receives and the security issues involved.

The Members Group is offering a downloadable white paper on what it says may be the inevitable demise of magnetic-stripe cards in favor of the EMV global payments standard.

Finalizing the merger of the tiny Champaign County Employees Credit Union, the CEO of its new parent, the $248 million University of Illinois Employees CU, said Thursday he sees no sign of changing trends impacting small CUs.