The owners of CU Alliance LLC, a CUSO holding company, are set to receive their share a dividend payment of between 4% and 15% paid.

TMG Financial Services, the credit card portfolio purchasing and issuing arm of The Members Group, reported that 34 credit unions have sold the firm their credit card portfolios.

Credit union donations to help the victims and families of the Fort Hood shooting massacre were starting to pour in from across Texas and the U.S. Monday with special accounts being set up by foundations and individual CUs.

Kennebec Savings Bank, the state chartered bank that had applied for a federal charter as part of its proposed merger with KV Federal Credit Union has withdrawn its application after the CU's members nixed the proposed merger.