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Fiserv Reports Record 2009 Debit Payments
Fiserv Inc. said its ACCEL/Exchange debit payments network set a new annual record with nearly 960 million transactions processed in 2009, a nearly 40% increase over 2008.
North Carolina CU Bikers Prep for Troop Fundraiser
In a support the troops fundraiser a group of North Carolina credit union executives and their families will take part in a grueling cross-country bike ride next Saturday put together by a chapter of the North Carolina Credit Union League.
Latino Community CU Takes Small Biz to Big Screen
It will be “lights, camera, action” later this month when the Latino Community Credit Union will premiere Roberto’s Dream a film depicting the journey of a small business owner.
Talks Continue to Delay Missouri CU Office Closings
Negotiations to forestall the shuttering of 10 credit union offices in facilities of the Missouri Highways and Transportation Department continued Friday amidst a renewed industry push to get backing from lawmakers and Gov. Jay Nixon.
Business Expert Collins to Keynote CUNA/WOCCU Meeting
Jim Collins, the best-selling author of “Good to Great” and “How The Mighty Fall and Why Some Companies Never Give In,” will be the keynote speaker at the joint CUNA and WOCCU conference in July.
Anheuser-Busch Employees’ CU Adds Trust Services
The $1.2 billion Anheuser-Busch Employees' Credit Union has partnered with MEMBERS Trust Co. to bring trust and asset management services to its members.
NAFCU Suggests Changes in Assisted Mergers
The NCUA should offer specific guidance to credit unions that want to merge with others and establish registries at each of its regional offices of interested credit unions “willing and able to merge.”
Retail Sales Increase Again
Despite heavy snow in some regions and in contrast to the usual pattern of slower consumer purchasing in the winter, retail sales rose 0.3%, the Commerce Department reported today.
NCUA Board to Deal with Mergers, Strategic Plan
The NCUA Board is scheduled to unveil a proposed rule on mergers and conversions at next Thursday’s meeting.
Missouri Highway Department Cuts Ties to 10 CUs
In a move apparently traced to the state’s budget shortfall, the Missouri Highways and Transportation Commission voted this week to sever ties and fire employees at 10 small credit unions located in district offices across the state.
Signs Show Another Banking Crisis May Further Freeze Credit Access
Another banking crisis possibly triggered by commercial real estate valuations and bank defaults and failures may do even more damage to credit access for small businesses.
Dodd Vague on Details of Regulatory Measure
Senate Banking Committee Chairman Christopher Dodd said today lawmakers are on a “positive and optimistic track,” in trying to reach an agreement on regulatory restructuring, but declined to discuss specifics of the bill he will introduce on Monday.
Sargent Reflects on Mega-Merger and Looks Ahead to Retirement
The retiring president/CEO of the soon-to-be-merged First Tech Credit Union in Oregon demurred whether peer CUs across the nation might also be looking at mega matchups.
On-Site Coverage: Corker Said He and Dodd Had Reached Agreement on Consumer Agency
WASHINGTON — Sen. Bob Corker said today before Senate Banking Committee Chairman Christopher Dodd decided to introduce his own bill, he and Dodd had reached an agreement that the new consumer regulatory entity would be housed in the Federal Reserve.
IRAs Quietly Climb to 10% of CU Deposits
While money market accounts were the star of the savings show for most of 2009, individual retirement account balances made a steady rise at credit unions.

THIS WEEK'S ISSUE

Credit Union Times Digital Edition

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CU Marketing Officer Burns Sunrise Hour to Complete Her Tome
Verity Credit Union Chief Marketing Officer Shari Storm has taken multitasking to a whole new level.

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Editor's Column
See what Credit Union Times Editor-in-Chief Sarah Snell Cooke has to say about the hot-button topics on credit union executives' minds this week.
Credit Unions Need to Star in Their Own Reality Show
March 10, 2010
CUNA Senior Economist Steve Rick said in a recent News Now article that credit union delinquencies haven’t been this high since President Reagan was in office....