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WASHINGTON - California's credit unions have seen their commercial lending activity skyrocket over the past four years.

BOSTON - Two more CUs have sold their card portfolios to Elan Financial Services, a subsidiary of U.S. Bank, according to The Kessler Group, the Boston based broker that facilitated the sale. The $112 million St. Jean's Credit Union based in Lynn, Massachusetts and the $65 million Gulf Coast Community...

PURCHASE, N.Y. - In a move which could have an impact on the coming U.S. debate on card interchange, one agency of the British government has reversed another agency and ruled that MasterCard's method of setting credit card interchange does not violate the competition laws of the United Kingdom or...

WASHINGTON - With 99.5% of applications processed, the Small Business Administration said it has approved an unprecedented $10 billion in disaster loans following last year's hurricanes. The latest numbers show more than 21,750 businesses in the disaster zone have been approved for $2.3 billion worth of loans. The approval rate...

SAN FRANCISCO - After months of rumors and persistent silence from the No. 1 card brand about a card breach rooted in ATMs, which was costing CUs and CUNA Mutual millions of dollars, Visa USA has finally released some details about the problem.

NEW ORLEANS - NCUA Vice Chairman Rodney Hood delivered the keynote speech at the Louisiana Credit Union League's Annual Meeting and Convention.

LAKE GENEVA, Wis. - Consider it the summer of Health Savings Account education for financial institutions. Turnkey HSA program provider HSA Clearing Corp. has kicked off its free webinars on Health Savings Accounts. Slated to run throughout the summer, the one-hour seminars will focus on what financial institutions need to...