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As consumer credit card holders in the United States continue to rack up increasing amounts of debt, some industry experts fear the situation may be close to a "tipping point" that could culminate a new wave of defaults and delinquencies.
December 11 -
The Small Business Administration has introduced a new online credit scoring tool that can be used for most of its small business loans of $350,000 or less
December 11 -
As the Consumer Financial Protection Bureau considers rules to protect consumers who take out payday loans, some observers are pointing to changes that Colorado enacted in 2010 as a model.
December 11
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Credit unions ruled in a new ranking of the top mobile banking apps.
December 10 -
Monterey Credit Union in California is aiming to become the first credit union in more than year to convert to a state-chartered mutual savings association.
December 10 -
BALTIMORE A new biometric automated teller machine will soon allow members of Securityplus Federal Credit Union to conduct transactions via a kiosk equipped with facial recognition biometric software.
December 10 -
SACRAMENTO, Calif. Members of Golden 1 CU will be getting an early holiday gift from their credit union, as the CU's $18 million "Member Giveback Distributions" hit savings accounts Wednesday.
December 10 -
AUBURN HILLS Mich. Genisys CU and Tri-Pointe Community CU announced Wednesday they intend to merge and then operate under the Genisys name.
December 10 -
SkyOne Federal CU in Hawthorne, Calif., has received an award from the Internet Marketing Association for its website and social media presence.
December 10 -
COLUMBUS, Ohio and ANN ARBOR, Mich. Everybody loves collegiate football rivalries, and credit unions give generously to children's hospitals, so what could be a more perfect match than a "Money War" between these two college towns?
December 9 -
ALEXANDRIA, Va. Median loan growth rates were up by 3.5% for the year ending in the third quarter of 2014, according to new state-by-state analysis from NCUA.
December 9 -
WATERFORD, Conn. Charter Oak FCU is awarding more than $393,000 in cash bonuses to members as part of its Gold Rewards program, hitting a new record for the CU's member-appreciation efforts and bringing total returns to more than $1.6 million.
December 9 - California
ONTARIO, Calif. CU Direct is celebrating its 20th anniversary by hosting a contest that will end with it donating $20,000 to a Children's Miracle Network hospital.
December 9 -
The industry group that sets the rules for the automated clearing house network on Tuesday formally offered its proposal for developing a same-day payments system. It was the latest move in an industrywide push for faster transactions.
December 9 -
MOLINE, Ill. Service Plus Credit Union, a $21-million asset credit union here, has chosen Sharetec System, a developer of credit union software, for its core system.
December 9 -
DECATUR, Ill. Land of Lincoln CU has absorbed the former Sangamo Chapter CU and now offers products and services to all those who live or work in Sangamon County, Ill.
December 9 -
Three former stars of the National Football League are acting as "ambassadors" for a credit card promotion by $18.5 billion Pentagon Federal Credit Union.
December 9 -
Data indicates that not only are more and more people acquiring credit cards from credit unions, but that the default and delinquency rates were lower for credit cards issued by credit unions than those offered by banks.
December 8 - Michigan
LANSING, Mich. Following five unsolved credit union robberies in three months, police here are investigating whether the crimes are connected.
December 8 - Colorado
DENVER Fourth Corner CU, the new Colorado state charter aimed at serving the legal marijuana industry in the state, reportedly will open for business Jan. 1, regardless of whether it has deposit insurance in place at that time.
December 8




