Late last year, NCUA Board Vice Chairman Rick Metsger told attendees of the National Directors Roundtable Conference in San Diego that credit union board members are the first line of defense against internal fraud

Are mergers a good thing or a bad thing? Like beauty, it's very much in the eye of the beholder. On the cover of this issue, Credit Union Journal explores this very issue.

MADISON, Wis. — An aging credit union membership and the accompanying need to attract younger members is a message oft-heard by CUs in the United States, but the World Council of Credit Unions wants to solve the issue globally.

BATTLE CREEK, Mich. — OMNI Community Credit Union returned a total of $1 million in earnings to members through its annual Cashback Rebate Program.

ALEXANDRIA, Va. — NCUA will collect $12,820 in penalties from credit unions that filed late Call Reports in Q3 2014, the regulator said in a statement released Thursday.

HOUSTON — ATM networks Allpoint and STAR have renewed their relationships, allowing member institutions and cardholders continued surcharge-free access to the Allpoint network throughout the United States.

SAN JOSE, Calif. — Members of Sunnyvale Federal Credit Union voted "overwhelmingly" in favor of merging their institution into Technology Credit Union, Tech CU said Wednesday.

Ontario, Calif., — CU Direct Corp. announced that its board approved the payment of a 3% cash dividend to its 104 credit union shareholders, making it the tenth straight year that the company has issued a cash dividend to shareholders.

With dueling legal opinions on NCUA's authority to implement a multi-tiered risk-based capital rule, the regulator could be facing a lawsuit.

SELCO Insurance Services, a wholly owned subsidiary of SELCO Community Credit Union, said Wednesday it has completed acquisition of Hillsboro, Ore.-based M & M Insurance LLC.

Madison, Wis. — Credit unions and CU organizations are invited to apply for a Biz Kid$ Financial Education Grant from the National Credit Union Foundation, now through March 31.

WASHINGTON — Greater availability of mortgage credit along with an improving picture in the general economy will make 2015 a year of "housing opportunity," Housing and Urban Development Secretary Julian Castro said Wednesday.

LENEXA, Kan. — CommunityAmerica CU here returned more than $6 million to members through its Profit Payout program, with eligible members seeing an average return of $90.

The ATM is one of the oldest self-service technologies in banking, and mobile is one of the newest. But surprisingly, this odd couple of technologies has a lot of synergy.

Credit unions have mushroomed in popularity in recent decades as fees charged by commercial banks drove millions of Americans towards the not-for-profit financial services sector.

Clark County Credit Union said it has awarded $2.7 million to nearly 34,000 members in the form of a bonus dividend.

Credit union system stakeholders responded strongly to the risk-based capital rule NCUA's Board proposed in January 2014. The agency received more than 2,000 comment letters, and Chairman Matz and staff heard more comments at a series of listening sessions last spring and summer.

MOUNTAIN HOME, Idaho — Pioneer Federal Credit Union here has deployed video teller technology to its ATMs.

WASHINGTON — President Obama vowed to veto any future "unraveling" of the Dodd-Frank Act during his State of the Union address Tuesday night, further uniting Democrats against major changes to the law under the GOP-led Congress.

The Consumer Financial Protection Bureau has finalized tweaks to a mortgage disclosure rule set to take effect later this year.