Headlines for Thursday, July 3:
Pentagon Backs Bank Giant JP Morgan Chase in Battle With Defense CUs
WASHINGTON – The Department of Defense has rejected a challenge by defense credit unions to a new credit card offered by JP Morgan Chase at on-based PX and BX retail outlets.
- NCUA Clears Cards Deal for Texas Tech University Sports
- ‘Home for the Brave’ Program to Offer $200 million in Subsidized Military Mortgages
- Merrimack Valley FCU to Implement APPRO’s new Account Opening Solution
- National Capital FCU Adds Visa payWave Card
- American Airlines FCU Has new CEO
- Apple FCU Raises $33,000 for Cancer Fund in Golf Tourney
- Fiserv to Divest Majority of its Insurance Business
- Fidelity National Completes Lender Processor Spin Off
- FBI Hunts ‘Dress Shirt Bandit’
- Mexican Check-Forgers Face Deportation
This Week's Lead Stories
House Passes Reg Relief Bill For CUs After Adding Help For Banks
WASHINGTON - The House approved the regulatory relief bill for credit unions last week, but not before combining it with a bill for banks and thrifts.
For Corporate CUs, Numbers Lead To Emphasis On Words
GREENSBORO, N.C. - The nation’s corporate credit unions say they have ramped up communications with natural-person credit unions aimed at addressing any concerns over the state of their financial health.
Credit Unions & The Big Apple
NEW YORK–As credit unions descend on The Big Apple for America's Credit Union Conference, CU Journal Explores the unique needs the city's credit unions seek to fulfill.
Corporates Told To Reclassify Member Capital As Equity
ALEXANDRIA, Va. - NCUA last week said the declining value of mortgage backed securities held by corporate credit unions has prompted it to reclassify membership capital share accounts as equity.
Account Takes On The ING’s Of The World
FLINT, Mich. - Dort FCU is going head-to-head with online rivals such as ING with a new high-yield, self-service online account that has one very important thing the ING’s don’t: the credit union reputation.
Special Report
An In-Depth Look At Credit Union Mergers
This week's special report takes an in-depth look at mergers in the credit union industtry including the drivers, the realities and the alternatives.
Special Report
Credit Unions & The Big Apple
As credit unions descend on The Big Apple For America's Credit Union Conference, CU Journal explores the unique needs the city's credit unions seek to fulfill.

