Top Stories

Heartland Payment Systems and Visa Inc. announced a $60 million settlement in which issuers of Visa-branded credit and debit cards may recover losses incurred from the 2008 data breach of Heartland's card payments processing system.... More

Traffic on CUNA's site for consumers, creditunion.coop, spiked more than 300% Thursday as a result of CUNA President/CEO Dan Mica's blog on Huffington Post.... More

CUNA has analyzed the Federal Reserve's consolidation of its check processing operations in a Jan. 6 Final Rule Analysis.... More

The National Credit Union Administration has announced the agenda for the first of its planned 2010 town hall meetings.... More

The sentencing of the former CEO of the defunct U.S. Mortgage Corp. and CU National Mortgage for fraud has been postponed again by the U.S. District Court for the District of New Jersey--this time until March 22.... More

The Federal Housing Finance Agency on Friday reported that Fannie Mae and Freddie Mac refinanced four million loans and performed more than 405,000 trial and permanent loan modifications under the administration's Home Affordable Modification Program as of November.... More

Consumer credit during November dropped a record $17.5 billion or 8.5%--nearly three times what economists expected--to $2.465 trillion, announced the Federal Reserve Friday. Revolving credit dropped 18.5%--but not at credit unions. ... More

During third quarter 2009, there were roughly 1,212 robberies and burglaries of financial institutions, including credit unions, reported to the Federal Bureau of Investigation. That's a decrease from the 1,378 reported violations in the same quarter in 2008.... More

CUNA's Consumer Lending School and Mortgage Lending School are combining to offer a training event for credit union lenders in March. ... More