News

John McKechnie began his first day on a Delaware beach in the summer of 2008 reading a front-page story in The Wall Street Journal about the serious financial problems facing some of the corporate credit unions.

The nation's second largest credit union, State Employees' Credit Union, has become the second CU in the country to put computer chips into its credit or debit cards.

Among the federal government’s most controversial actions during the Great Recession was the rescue of the automobile industry.

With so many states facing huge budget deficits, the banking lobby last week fired the first salvo in Oregon in a re-energized national drive targeting the credit union tax exemption.

The Investor Education in Your Workplace program is being rolled out in North Carolina, with an initial quiz and survey set for March 28. Coursework and a final quiz and survey are scheduled for July 1.

A thousand or so users using up to 10 applications or more apiece and spread across a vast Canadian province can present a bit of a challenge for the IT folks responsible for keeping the network up and running well.

Call it a sign of the times that when consumer card advocate Bill Hardekopf of LowCards.com praised two cards' debit rewards programs, they were not cards issued by financial institutions.

Its been four years now since lawyers from CUNA and the American Association of Credit Union Leagues drafted a so-called "Model Credit Union Act" for implementation by the leagues. But the 2011 project is off to a quick start with bills ready for introduction in several state legislatures.