WICHITA, Kan. – Several Wall Street banks told a federal appeals court Friday that confidential contingency agreements with lawyers representing NCUA on its corporate credit union suits contradicts NCUA’s own argument it should be afforded special powers to extend the statute of limitations on the multi-billion corporate claims.

DES MOINES, Iowa – SHAZAM card network introduced a system this morning that will provide SHAZAM debit cardholders with free, on-the-go access to their debit card accounts.

Florida Central CU said that in the new year it plans to stick with the same growth strategies that have helped it to prosper over the past year, but will make one adjustment-slightly lower deposit rates.

Estimating again that $400 billion in checking deposits could be on the move this year, one economist recommends CUs exercise excellent expense control to not only protect their portion of these funds, but to grow share from banks.

For the seventh month in a row, credit union business loan approval rates were down in December, according to the Biz2Credit Small Business Lending Index, while big banks saw a 13% increase in business loan approvals.

San Diego County Credit Union has been targeted in a blog allegedly posted by bankers who make a number of allegations against the $5.7-billion CU and which features SDCCU's CEO "talking" if she had taken "a dose of truth serum."

THOUSAND OAKS, Calif. - Credit union sales of credit card portfolios soared to $33.1 million and 37 deals last year - with another $6 million in deals pending - from just $5.3 million and 10 transactions in 2011, according to a new report by card consultants R.K. Hammer.

The Consumer Financial Protection Bureau set new rules last week that will require credit unions, banks and other mortgage lenders determine a borrower's ability to repay their loans.

WASHINGTON-CUNA President Bill Cheney expects 2013 to be a year in which CUs continue to take business from banks, but added a caveat that much of the long-term success from the new members will hinge on service excellence.

Credit Union Journal has introduced a vastly enhanced website offering even more resources for readers at CUJournal.com.

NCUA Increases Definition of 'Small' CU To $50 Million

Looking back at 2012, there's a key differentiator between those CUs that made money and those that didn't: expense management.

Expense management is often a key factor in why small credit unions continue to struggle.

Daryl Tanner, CEO of the CUSO Share One, is retiring, but will remain on board as a director and product research consultant.

Include FAA Credit Union among the growing number of CUs offering free credit reports to not only help the member but the credit union, as well.

As credit unions enter 2013, they are faced with some sobering facts: A small percentage of institutions continue to drive most of the industry's growth, thousands of credit unions' earnings remain flat or in the red, and many analysts are forecasting the situation is not going to be getting better anytime soon.

It's no secret that for any credit union to grow in 2013 it is necessary to market to a younger demographic. Similarly, it's no secret that means investing in technology and other delivery channels, especially mobile. But that's not enough.

CU nimbleness and the ability to turn bank converts into profitable relationships are keys to growth this year.

Credit unions' quickest path to growth in 2013 begins at home.

Beating auto dealers and captive finance companies will be key to auto loan growth in 2013, and one vendor has introduced a solution to help CUs do just that.