The National Association of Realtors announced this morning that existing home sales fell off in February, sliding 9.6% to a seasonally adjusted annual rate of 4.88 million units in February.

CO-OP Financial Services has launched a new service that will allow client credit unions to have loans underwritten through CO-OPs call center.

A website launched by the leading source of consumer credit data to help consumers better understand their credit scores has been picking up traffic steadily, according to a company spokesman.

A program developed by the Filene Institute's i3 initiative has won a $300,000 grant from the Center for Financial Services Innovation to roll out a program that will reward CU members who have low FICO scores for making loan payments on time.

PHILADELPHIA — “You know that line about ‘if you build it, they will come?’” asked Oscar Torrealva, branch manager at the $1.3 billion TruMark Financial Credit Union's branch in the financially strapped Eastern North Philadelphia.

Overturning a proposed debit interchange cap on legal grounds may set a precedent against exempting credit unions from future regulations that affect large banks and other financial institutions.

The $188 million Har-Co Federal Credit Union may take the next step toward changing to a mutual bank charter this evening.

Some national banks have begun to raise fees for using their ATMs and otherwise tinker with their ATM polices in order to increase fee income.