Ray Birch

TAMPA, Fla. — On the heels of its conversion from a federal to a state charter, the $5.5 billion Suncoast Credit Union has received a low-income designation from the National Credit Union Administration.

PHILADELPHIA — Reloadable prepaid is becoming a popular alternative to checking accounts for a growing number of Americans, and more credit unions than banks are offering the product, according to separate studies from the Pew Charitable Trusts and Moebs Services.

ANN ARBOR, Mich. -- After starting negotiations last summer, the University of Michigan CU and Eastern Michigan University Credit Union have merged.

SEATTLE -- In this cycling crazy city, one credit union has created a loan program just for bike riders, and is asking local residents to send in photos of their favorite bicycles.

NEW YORK -- Despite all the attention to what appears to be a growing number data breaches, the majority of independent business owners are not concerned about credit card security, according to a new study from Newtek Business Services.

MOUNTAIN VIEW, Calif. -- The Target Corp. data breach, estimated to have cost credit unions at least $30 million so far, is doing much more than lightening CUs' wallets -- it's changing the way they approach fraud prevention and increasing attention on EMV.

ODESSA, Texas — A thief made an unauthorized withdrawal Wednesday from an ATM located in the drive-through of Complex Community FCU.

ALEXANDRIA, Va. -- Even though NCUA warned credit unions they could face fines up to $1 million a day for filing late call reports, the agency said Wednesday that hundreds of CUs are still tardy.

SEATAC, Wash. -- Though the Target Corp. breach has received a landslide of media attention, another data theft has hit Northwest CUs hard.

A significant number of college students and recent grads are turning to alternative financial services providers—including payday lenders—for their banking needs, according to a new Synergistics study.

RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services has announced the three finalists for this year's $10,000 CO-OP THINK Prize.

NORTH CHESTERFIELD, Va. -- Virginia Credit Union is issuing EMV plastic to its 60,000 cardholders.

WASHINGTON -- CUNA and NAFCU are asking NCUA to extend the comment period on the proposed risk-based capital rule another 90 days.

FARMINGTON HILLS, Mich. -- Community Choice Credit Union awarded $886,902 to members as part of the first payout through its new member rewards program.

WASHINGTON -- If NCUA rethinks the proposed new capital rule's risk weights and allows CUs to access supplemental capital, the final rule would be much improved, says CUNA's chief economist.

DES MOINES -- Instant issue, lifestyle needs and now even limiting loss from fraud are key factors driving the rapid growth of prepaid, according to the latest findings from The Members Group.

WASHINGTON -- Comments on NCUA's new risk-based capital proposal, now published in the Federal Register, are due May 28, according to CUNA.

WASHINGTON -- The NCUA's risk-based capital rule, along with new regulations coming out of the Consumer Financial Protection Bureau, may threaten credit union growth and even the future of some institutions, say a number of CU executives attending CUNA's Governmental Affairs Conference here.

WASHINGTON -- Citing recent challenges from the economy and those that lie ahead, NCUA Board Member Michael Fryzel told CUNA Governmental Affairs Conference attendees that collaboration will be a key to the continued success of the movement.

WASHINGTON -- Likening his role as an NCUA Board member to that of a CU director, Richard Metsger urged volunteers at CUNA's Governmental Affairs Conference to make sure their credit union remains relevant to members.