The potential doubling of the subsidized Stafford loan rate isn't the big story Washington and numerous media outlets are making it out to be.

The credit union lobby went on the offensive against banks last week, telling a Congressional panel that lost revenues from tax-exempt Subchapter S banks now exceeds all potential revenues from the credit union tax exemption.

Better analytics are helping a number of credit unions to drive better revenue from their card portfolios.

Service was always the name of the game at Travis CU, but it has been an intense effort with loans funded per branch doubling over the course of the last year.

Quality data mining-combined with a particular Alaskan consumer behavior-helped True North FCU to generate a 9% response on a direct mail campaign and a 5% increase in outstanding credit card balances.

Automotive industry analysts say a softening in auto auction sales may not be a sign the used car price bubble is beginning to burst, but it's a strong indication that the steady rise in used vehicle values has stopped.

Savings to participating credit unions from the League of Southeastern CUs' vendor contract management and procurement service is approaching $1.6 million, thanks to a reverse auction ePurchasing buying platform that often saves credit unions 40% on a vendor contract.

NCUA: NC AGENCY VIOLATED PROTOCOL IN CAMEL CASE

Mindburst Seminar On RESPA

A conversation about credit unions and frank responses.

For the past decade or so, most credit unions have relied upon one of two things to forecast branch volume for scheduling purposes-industry averages or tradition.

Credit unions are getting more attention these days because many Americans have grown weary of big banks dominating the financial landscape.

WASHINGTON – Members of the credit union-start-up REALTORS FCU, billed as the nation’s first virtual credit union, voted over the weekend during the annual convention of its sponsor, the National Association of REALTORS, to merge the $75 million credit union into nearby giant Northwest FCU.

SANDY, Utah -- A robber was quickly nabbed by police last week after he held up a University CU branch where he was a member — and where an old high school classmate is an employee.

LAFAYETTE, La. – Heritage CU said its longtime CEO, Richard “Dick” Rein is retiring after 17 years and will be succeeded by Todd Kidder as president of the $15 million credit union.

YORK, Penn. – Dave Baker is retiring after 40 years as CEO of $28 million York Educational FCU.

SEATTLE – Prevail CU has chosen TRC Interactive to provide its employees with online instruction through its CreditUnionTrainingOnline.

ST. LOUIS -- Neighbors CU is partnering with Midwestern Securities Trading Co. LLC to operate the new Neighbors Investment Services CUSO.

TUMWATER, Wash. – O Bee CU is staging a second treasure hunt contest called "Capture The Tag,” which entices tech users to round up Microsoft Tag and video-based clues in pursuit of $15,000 in prize money plus iPads.

ALBANY, N.Y. – SEFCU has provided a $7.26 million loan package for the purchase and refurbishment of the Victorian-era Adelphi Hotel in the Saratoga Springs resort.