When Wachovia Bank agreed to a settlement with the U.S. government, it became the financial institution with the unfortunate distinction of having paid the largest penalty, $160 million, for a violation of the Bank Secrecy Act.

As credit unions are well aware, Regulation Z's new open-end lending rules under the Truth-in-Lending Act take effect July 1, 2010. Regulation Z establishes (among other things) uniform methods for disclosing credit terms.

I recently attended the NAFCU Chief Executive Officers Conference in Savannah, Ga., and the last speaker on the agenda was NCUA General Counsel Robert Fenner.

It is not an understatement to say that the CARD Act has turned the credit card industry on its ear. But, credit unions, by maintaining their focus on offering the best card product available to members, can still be true to who they have always been.

Two San Antonio credit unions, the $150 million River City FCU and the $4 million Southeast Community CU,

Many financial institutions in America are visiting the topic of indirect auto lending. Some are considering entering the business for the first time.

The Biz Kid$ have made it to Wall Street, taking part in that classic ceremony-ringing the closing bell at the New York Stock Exchange.

In response to economic disruptions, the federal government is asserting higher standards of governance for all financial services institutions,