The Federal Reserve Board has announced 10 new members to its Consumer Advisory Council for three-year terms, none of which are credit union representatives.

Consumers seeking to acquire financial services products online expect security, efficiency and a fast answer when they use that most cost-efficient of channels, according to Forrester Research. Meanwhile, results from the think firm's sweeping Consumer Technographics North American Survey show work remains to be done to move business to that...

Online Resources Corp. is now offering a mobile banking and bill pay service to its client base of more than 2,600 client credit unions, banks and other financial services providers.

Mazuma Credit Union said thanks a million to its members by delivering a bonus dividend in excess of $1 million. Members in good standing received a 5% bonus on the dividends they earned on deposit accounts in 2006, and a 5% rebate on the interest they paid on loans in...

For their work with small businesses, two of Mountain America Credit Union's loan officers were recently recognized along with 13 others in the state by the Utah Certified Development Company for their work with small businesses.

House Financial Services Committee Ranking Member Spencer Bachus (R-Ala.) was joined by Chairman Barney Frank (D-Mass.) to reintroduce legislation to help ease financial institutions' reporting requirements.

A nationwide survey conducted by Roper on behalf of TransUnion, one of the three major credit reporting bureaus, has found that more Americans are concerned about losing excess body weight than are concerned about lightening their debt loads.

The merger of the $27 billion WesCorp and the $1 billion VolCorp took another step forward recently.