News

Credit unions could get a reprieve from the requirement that they book their loans at their current value on their balance sheets, as a result of decision made today by the Financial Accounting Standards Board.

Jwaala LLC is now offering credit unions the opportunity to deploy its online banking platform without committing to buy it

CU*Answers plans to go live with a new high availability backup system in February, the Michigan-based core processing CUSO said.

The New Jersey Credit Union League recently teamed up with Filene Research Institute to provide Debt in Focus free to NJCUL member credit unions at no charge.

A consumer group backed by Visa USA is trying to generate letters from consumers in support of a legislative effort to delay implementation of a cap on debit card interchange.

Consumers with between $50,000 and $250,000 in assets available for investment said they are highly satisfied with the advice they receive from their credit unions and banks.

WASHINGTON - Senate Minority Leader Mitch McConnell threw cold water on the likelihood that the Senate might revisit the interchange amendment that was passed as part of last year's financial overhaul bill.

Despite repeated assertions that a debit card interchange cap would not really hurt credit unions, CUs have begun to outline the cap's impact for the Federal Reserve.