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Credit Union National Association

Measures Needed to Stop 'Patent Troll' Abuse

Bill Cheney | Posted 04.07.2014 | Business
Bill Cheney

The faster the action to stop or slow down the trolls, the better -- to ensure that consumers, including credit union members, don't lose access to convenient services, or even their favorite small financial institutions.

Hold Merchants Accountable for Personal Data

Bill Cheney | Posted 03.19.2014 | Money
Bill Cheney

The cost of a merchant data breach -- whether it is at a large national merchant or a local merchant -- can be significant for credit unions of all sizes. Because of credit unions' cooperative structure, the cost of such breaches are ultimately borne by credit union members.

Richmond, California Defies Wall Street to Help Homeowners

Peter Dreier | Posted 11.11.2013 | Business
Peter Dreier

About 300 residents packed the six hour long meeting -- held at the Richmond Memorial Auditorium instead of the City Council chambers -- to discuss the city's plan to help families whose home values have plummeted through no fault of their own.

High School Seniors Have No Idea How Much College Debt They'll Be In

The Huffington Post | Tyler Kingkade | Posted 04.23.2013 | Business

Half of all high school seniors have no idea how much money they'll need to borrow to pay for college, a new survey from the Credit Union National Ass...

Wells Fargo and Other Megabanks Don't Care About Your Business

Jake Blumgart | Posted 06.24.2012 | Business
Jake Blumgart

If moving your money to a credit union won't make Bank of America or Wells Fargo small enough to fail, it is a rational consumer decision. Making the switch may not be a revolutionary act, but it will certainly make your life easier.

Digging Below the Surface of Membership Growth at Credit Unions

Bill Cheney | Posted 05.14.2012 | Money
Bill Cheney

More than 1.3 million people joined credit unions in 2011. The gain is strong evidence that consumers are fed up with high bank fees and are leaving in large numbers for credit unions. But when you dig a bit deeper into the numbers, the results are even more significant.

Big Banks Slated To Lose Billions In Customer Cash Over Next Year: Report

Posted 11.21.2011 | Business

Big bank interest in netting a profit on the backs of customers may end up backfiring. The top 10 retail banks are projected to lose $185 billion ...

Tens Of Thousands Joined Credit Unions On Bank Transfer Day

The Huffington Post | Jillian Berman | Posted 01.09.2012 | Business

Tens of thousands of Americans joined credit unions on Saturday, as the Bank Transfer Day movement encouraged consumers to move their money out of big...

Transferring Power: Or, Why I Pulled My Head Out of the Sand and Switched to a Credit Union

Melissa Arjona | Posted 01.08.2012 | Black Voices
Melissa Arjona

Switching to a credit union is one of the easiest and most sustainable forms of protest, and one of the most effective ways to shift the (im)balance of power.

Bank Transfer Day: The Start of Something Great

Bill Cheney | Posted 01.01.2012 | Business
Bill Cheney

Consumers are upset about bank fees. They have also been intrigued by "Bank Transfer Day," another reason our credit unions are telling us new members are coming in the door. These new members have made the right choice, because they can now start saving.

Credit Unions Back In The Spotlight After BofA Debit Fee Hike

AP | By CANDICE CHOI | Posted 12.07.2011 | Business

NEW YORK -- Credit unions are basking in the spotlight again. Whenever a big bank rolls out a controversial fee, customers start fuming about taking ...

Sony Data Breach: Another Case for Interchange Delay

Bill Cheney | Posted 07.03.2011 | Business
Bill Cheney

When all is said and done, credit unions and banks will have spent millions on what appears to be a major security failure caused by Sony's inability to protect its consumer data.

Debit Interchange: Those Who Can Least Afford It Will Be Hurt Most

Bill Cheney | Posted 05.29.2011 | Business
Bill Cheney

Attempting to narrowly cast debit interchange as some type of deserved comeuppance for Wall Street banks misses a much broader and consumer-oriented picture.

New Interchange Rules for Debit Cards: A Perceived 'Win' Is Really a Loss

Bill Cheney | Posted 05.25.2011 | Business
Bill Cheney

The coming changes to the debit card interchange rules, esoteric though they may be, are going to have real and negative consequences that will unfortunately hit consumers directly in the pocketbook.

Credit And Debit Card Swipe Fees: Who Should Pay?

DailyFinance | CHARLES WALLACE | Posted 05.25.2011 | Business

When you go into a convenience store, should you be able to get a discount for using a debit card instead of a credit card? Should a store owner be al...

Julian Hattem

Move Your Money: Where Populist Fervor Meets Friendly Faces

HuffingtonPost.com | Julian Hattem | Posted 05.25.2011 | Business

Huge bonuses to bank executives, casino-style financial practices and millions of unreturned stimulus dollars have made many consumers angry at the na...