Credit Union Management

Even the AARP is not immune to economic woes. The retiree advocacy group said it will have to temporarily suspend employer matches for its 401(k) program.

Bernard Madoff's $10 million bail was revoked and he was immediately sent to jail to await sentencing for his role in a $65 billion Ponzi scheme.

Citigroup's recent profit numbers coupled with a market rally has offered a glimmer of confidence to investors.

For his role in the loss of $65 billion from former clients, Bernard Madoff today pleaded guilty to 11 counts of theft, money laundering, fraud and perjury and now faces up to 150 years in prison.

According to a published report, NCUA has filed an $11.8 million claim to recoup losses against the estate of a deceased financial adviser who worked with the defunct New London Security Federal Credit Union.

Early signs of economic recovery could come during the next six months, according to a Charles Schwab survey of more than 1,200 independent financial advisers.

ORLANDO, Fla. - Credit unions must reinvent their collections procedures to match the current economic conditions or risk seeing their losses climb sharply, according to a collections executive and consultant.

ORLANDO, Fla. - Consultants attending the Card Analysis Solutions Card Management School say that a greater percentage of credit unions are closing and reissuing credit/debit cards reported compromised in the Heartland Payment Systems breach.