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PHOENIX-With Congress in recess, credit unions are expected to lobby hard in members' home districts for relief from the member business loan cap following new data showing jobs-creating MBLs were the strongest loan category during the first half of the year.
August 23 -
PORTLAND, Ore.-Mobile banking may one day be the channel of choice for members, but OnPoint Community CU here must battle infrastructure issues and perceptions of inadequate security before that happens.
August 23 -
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SAN FRANCISCO-Despite Patelco Credit Union's turnaround from a $14.6-million loss in 2009 to $9.4 million in net income for the first quarter, Ken Burns is far from ready to declare victory over the recession.
August 23 -
MADISON, Wis.-Debit cards continue to garner a higher share in consumer payment mix according to new research from the Filene Institute.
August 23 -
RALEIGH, N.C.-Coastal FCU has instituted a one-cent overdraft fee for members that correct the problem before 11 p.m. the same day they overdraft or in cases where their account balances are not more than $10 in the red. Accounts that are more than $10 overdrawn after 11 p.m. will be charged the standard $28 fee.
August 23 -
Fred Caprio, Lisa Jester and Joan Moran were newly elected to The Credit Union Foundation of Maryland & D.C.
August 23 -
MANCHESTER, N.H.-St. Mary's Bank has introduced two loan products whose primary goal isn't making money for the CU. Instead, the loans help members build and rebuild credit, and the CU establish long-term relationships.
August 23 -
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LAS VEGAS-A small credit union that has been a leader in developing and rolling out its own technology solutions has some pointers for others looking to do the same.
August 23 -
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Media coverage of the tragic plane crash that took the life of former Alaska Sen. Ted Stevens focused on his long career in the U.S. Senate, the circumstances surrounding his departure, and on the recovery efforts to reach survivors who spent the night in a remote, rugged area of the Last Frontier.
August 23
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KIMBERTON, Penn. – A member of Citadel FCU is facing drug charges after police say he admitted that heroin discovered on the floor of the credit union belonged to him.
August 22 -
EPHRATA, Wash. – A former Granco FCU branch manager on Friday pleaded guilty to stealing more than $56,000 from the credit union by inflating his paycheck and vacation time.
August 22
