News

WASHINGTON -- Credit union travel budgets for 2009 seem certain to take a big hit when year-end forecasting rolls around this fall, say CU executives, but for now a spate of industry conferences this summer are holding up well despite soaring air fares.

CARMEL, Ind. -- Allied Solutions LLC has acquired another business--this time it's the direct mail operation from Gateway Services Group LLC, an insurance, investment and trust management CUSO for credit unions.

WASHINGTON -- The House of Representatives is scheduled to today on a measure to mark the founding of the first American credit union 100 years ago.

BURLINGTON, Mass. -- A reverse auction--where the vendor bids for the buyers--has made its way into the banking space.

BURLINGTON, Mass. -- A reverse auction--where the vendor bids for the buyers--has made its way into the banking space.

CHATSWORTH, Calif. -- Gas prices have hit commuters so hard in Southern California, even Telesis Community Credit Union CEO Grace Mayo said she's considering riding her motorcycle to work this summer.

NEENAH, Wis. -- Two credit unions, one in Wisconsin and the other in Vermont, are pedaling scooter loans this spring to provide members an alternative or perhaps relief from pain at the pump.

WASHINGTON -- Legislation to limit credit card transaction fees would reduce costs to consumers and make the overall system fairer, says the Food Marketing Institute.