TMG Financial Services, the card portfolio purchasing arm of The Members Group has some card portfolios in which it hopes some credit unions will want to invest.

The National Federation of Community Development Credit Unions has reiterated its long standing policy of opposing the imposition of the community reinvestment act on credit unions.

Scott Polakoff, acting director of the Office of Thrift Supervision has been placed on leave as the Treasury Department continues its probe of how the agency has regulated some federally chartered thrifts, according to media reports.

The $224 million Fairfax County Federal Credit Union has launched a more than $500,000 Spanish language media campaign to promote the credit union to the regions Spanish speaking residents.

A board member of the National Cooperative Business Association has penned an opinion piece opposing the proposed conversion of the $304 million Coastway Credit Union to a mutual bank charter.

Heartland Payment Systems has threatened to sue competing processors seeking to lure its merchant clients away because of a 2008 security breach.

A fairly common policy intended to discourage robberies at banks and credit unions drew some fire after a Muslim woman complained that she was being discriminated against because of her headscarf or hijab.

Visa has pulled Heartland Payment Systems, the merchant processor that suffered a security breach that may have compromised more than 100 million credit and debit cards,