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PORTLAND, Me. - Credit unions in New England and elsewhere are hailing a U.S. Court of Appeals ruling on debt reaffirmation as giving new support for bankruptcy policies long in existence at CUs. The March 26 ruling by a three-judge appellate panel in Boston on a Chapter 7 bankruptcy filing...

LA HABRA, Calif.- Sunland Federal Credit Union and American First Credit Union have merged effective April 1. "We are proud to welcome Sunland Members to our credit union family," said Bob Street, American First president/CEO. Sunland FCU currently has approximately $20 million is assets and serves 7,000 members. American First...

WASHINGTON- Last week NCUA filed a legal brief in the National Community Reinvestment Coalition's (NCRC's) case against the agency regarding the repeal process of the agency's Community Action Plan (CAP). NCRC filed suit in the U.S. District Court for the District of Columbia Circuit January 2 of this year charging...

NORTH PALM BEACH, Fla. - A recent Bankrate.com study finds that although debit cards are on the rise with 94% of financial institutions offering them, consumers are still paying more for convenience. The Fall 2001 Checking Account Pricing Study finds that the average ATM surcharge has reached an all-time high...

CALABASSAS, Calif. - Cascade View CU, Portland, Ore., has the distinction of being the first former VIFI client to be converted to Digital Insight's platform. Digital Insight acquired VIFI earlier this year and notified VIFI clients that they would have to convert over to the DI platform. Mike Parker, director...

SAN DIEGO-NCUA Chairman Dennis Dollar is taking the city of San Diego by storm. On the afternoon of Thursday, April 11, he will host an Open Forum discussion for California credit union volunteers, executives and staff, and later than evening he will speak at the Second Latino Credit Union Conference,...

NEW ORLEANS - The New Orleans City Council is moving toward restricting expansion of check cashers in certain residential areas and strip malls. By a 5-0 vote, the Council passed a zoning petition prohibiting new check cashing facilities in an area zoned residential or in "neighborhood business districts." Sponsors of...

WASHINGTON - Fees are one of the reasons low-income people choose not to use banks and instead become customers of the growing check cashing and payday lending industry, according to U.S. Comptroller of the Currency John Hawke. Speaking to an American Bankers Association conference in Baltimore on March 18, Hawke...