SACRAMENTO, Calif.-State regulators said the second quarter saw a continued increase in loan delinquencies and loan losses and of troubled institutions among California's CUs.

What Does Next Century Hold For The Movement?

June 6, 1996: Mica, a former five-term congressman from south Florida is hired away from the insurance industry as CUNA's new president. On the first day of the job Mica said he was told the association might have trouble making payroll, as the result of ongoing losses related to CUNA Card Services. CUNA Card Services was eventually sold.

ALEXANDRIA, Va.-Recent negative, national publicity surrounding certain credit union lending practices has led to a movement-wide effort to respond.

BOSTON-State regulators are saying new and constantly revised regulations that are compelling many smaller credit unions to merge with larger institutions are out of their hands.

LAS VEGAS-During the African-American Credit Union Council annual conference here, Credit Union Journal asked attendees where they think the economy is headed.

ALEXANDRIA, Va.-Data released by NCUA last week showed that loan growth for the second quarter was less than 0.1%, while shares continued to grow at a strong 1.5% rate, as consumers hoarded savings amid the economic downturn.

LAS VEGAS-Three college students interning at credit unions were exposed to the broader industry picture during the African-American CU Coalition's Annual Conference here.

HOUSTON-The 2009 Debit Issuer Study, commissioned by PULSE, identified several positive trends for financial institution debit card issuers, including sustained debit transaction growth despite the recession.

LAS VEGAS-When James Walsh was compiling a list of the Top 4 credit card risks, "fraud" was a surprise no-show

PETERBOROUGH, N.H.-Even as the new CARD Act goes into effect, credit card issuers are racing to familiarize themselves with its sweeping provisions, as it will "impact every functional area of credit card lending. Not only processors, but credit unions' internal staffs will be greatly affected," according to one expert.

FARMERS BRANCH, Texas-Texas Dow Employees CU has rolled out a credit card designed to appeal to a relatively affluent membership base.

MADISON, Wis.-The simple fact is credit unions seeking to reverse stagnant or even declining growth must go back and "work the street," according to a new study.

PORTLAND, Ore.-Credit unions looking for "easy money" by selling off their credit card portfolios are finding it's not so easy anymore.

DALLAS-A new study outlines the wide range in fees charged for similar products and services aimed at underserved communities. The study from the Center for Financial Services Innovation (CFSI), "One Size Does Not Fit All: A Comparison of Monthly Financial Services Spending," investigated how much prepaid cardholders spend each month to conduct essential financial transactions, compared to what they would spend if they used only a checking account or check cashing services. CFSI used the reported cash flows from underbanked individuals interviewed for an earlier study and its own estimates to calculate the total monthly financial services expenditures for a sample of consumers.

DALLAS-Consumers continue to carry less cash in favor of more card-based payment options, according to a new study.

CINCINNATI-For the first time, U.S. credit card reward program members outnumber airline frequent flyers, according to COLLOQUY, a provider of loyalty marketing publishing, education and research.

WATERFORD, Mich.-Oakland County CU said John Jones, a director and charter member of the now-$155 million credit union since 1953, has decided to step aside. Jones, 91, will continue to serve as non-voting director emeritus, a position created last year. Jones was the first person to join the CU 1953.

OAKLAND, Calif.-Frank Matous, the president and CEO of SeaWest Coast Guard CU, is retiring as head of the $310 million credit union, ending 50 years in the credit union movement.

FORT MYERS, Fla.-A former employee of Publix Supermarkets was convicted last week of running a counterfeit check ring that siphoned more than $150,000 from the Publix Employees FCU.