Federal Deposit Insurance Corp

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  All Eyes On Card Security

  By David Morrison  |  April 22, 2012

  Industry observers and executives with other processing companies predict that the recent supervisory letter on FIS security problems may have a limited impact on FIS’ sales but will likely heighten the importance of security for all payments processors.

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  FIS Faulted on Security by Feds

  By David Morrison  |  April 15, 2012

  The NCUA has asked credit unions that process their debit and credit card transactions with FIS to evaluate their relationship with the card processor in light of an information technology supervisory letter the company has received from other federal financial regulators.

• HAR-CO FCU Awaits Regulator on Charter

  By David Morrison  |  October 17, 2011

  The members of the $193 million HAR-CO Federal Credit Union have voted to approve the credit union's change to a mutual bank charter, according to an announcement from the CU to its members. The credit union did not returned calls seeking comment on the vote.

• Sun Shines in Los Angeles for WesCorp Board Members

  By Robert McGarvey  |  December 23, 2010

  In a dense, 23-page preliminary decision, Judge George H. Wu has handed out holiday cheer to former directors of Western Corporate Federal Credit Union, according to experts who have studied the decision distributed to involved parties on Monday.