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WASHINGTON—The Federal Reserve said outstanding consumer credit at credit unions grew by $2 billion during July to $478.1 billion.

WASHINGTON—Both credit union trade groups have sent a letter to the Senate Banking Committee as it held a hearing on housing finance reform.

SPARKS, Nev.–Two men have been arrested here  for allegedly abducting a member of Great Basin FCU and then attempting to force him to withdraw money from the CU.

SAN FRANCISCO– Credit unions have a “fishing problem,” and the key to catching more fish lies in enterprise risk management (ERM)—and reinvigorating the role of the supervisory committee, according to one person.

LITTLE ROCK, Ark.–United Arkansas Credit Union said it has become the state’s first solar-powered financial institution.

LAKE FOREST, Ill.–All financial institutions—but especially credit unions–continue to provide inconsistent and often inaccurate information on their fees, rates and products both online and over the phone—and the problem is getting worse, according to a new study.

PORTLAND, Ore.–More than a dozen credit unions and related organizations will again be hosting a job fair here today.

WASHINGTON—As NAFCU's Congressional Caucus is set to begin next week, the trade association has added House Financial Services Committee (HFSC) Chairwoman Maxine Waters (D-CA), Senate Banking Committee Ranking Member Sherrod Brown (D-OH) and Representative Ed Perlmutter (D-CO) to the lineup of speakers.

SIOUX FALLS, S.D.—Twenty-four percent of consumers would prefer P2P payments for business refunds, as opposed to traditional methods of reimbursements, a new study from MetaBank shows.

CHICAGO–Are direct banks beating traditional financial institutions in winning new consumers? A new survey offers some insights.