WASHINGTON – Credit union allies have always come and gone in Congress, but last week’s loss of Pennsylvania Democrat Paul Kanjorski will be a big blow to the credit union lobby–leaving them to search for a new champion.

ALEXANDRIA, Va. – NCUA said yesterday that credit unions must accept alternative, non-traditional credit reports at a member’s request when deciding on a member’s creditworthiness.

DENVER – The state credit union leagues in for Colorado, Arizona and Wyoming have agreed to combine operations in the latest example of consolidation of the leagues.

In the biggest loss for credit unions in last week's elections, Democrat Paul Kanjorski, the long-time credit union champion in Congress, lost his bid for a 14th term.

GAHANNA, Ohio-KEMBA Financial CU has enjoyed 14% loan growth over the last year by being aggressive with several products, while also taking advantage of every opportunity banks are giving them.

MADISON, Wis.-Credit unions can combat legislative threats to their non-interest income by driving greater use of credit and debit cards by members, along with the installation of a "consultative culture."

MADISON, Wis.-Credit unions can build a long-term, sustainable business model by adjusting to the "new normal," according to one person.

MADISON, Wis.-Credit union lending declined again last month-for the ninth time in the past 12 months-and is on pace for a full-year contraction for the first time in 30 years, since the recession of 1980, according to CUNA.

MADISON, Wis.-Credit unions should make sure their systems don't "make them stupid" when it comes to member service.

Corporate One Teams Up With VSoft

LAS VEGAS-The recent record decline in mortgage rates is doubling, even tripling mortgage refinance business at some credit unions. But the boon is also bringing with it the temptation to keep loans on the books to drive ROA, in addition to issues with loan processing time.

SAN FRANCISCO-Payment cards are becoming more versatile. Instead of charging purchases to a single account, cards that can access multiple sources of funding, or even do more than simply initiate transactions, are starting to catch on.

LAS VEGAS — Understanding member profitability is about more than knowing the members the credit union has — it's about knowing the members the credit union could have.

MortgageDashboard Gets Upgrade

Lending Council Names Officials

SAN BERNARDINO, Calif.-More credit unions have to share data processing systems. That's the opinion of Gregg Stockdale, CEO of the $35-million 1st Valley CU.

Wendy Gleason has been promoted to loan systems operation coordinator at Catholic FCU, Saginaw, Mich.

LAS VEGAS-The next "big thing" for financial services will be "profitability risk," and it might apply to credit unions more than any other type of institution.

LAS VEGAS-An audience of bankers and CU execs at BAI's Retail Delivery Show had these questions ...

CU Student Choice Expands