News

NCUA has apparently refined and streamlined its bidding process on mergers – at least based on one involving the ailing $60 million Saugus FCU.

Two Pennsylvania credit unions have gotten together to share a branch–not by joining a network, but by actually building a branch together and sharing it.

Two Pennsylvania credit unions have gotten together to share a branch–not by joining a network, but by actually building a branch together and sharing it.

Consumers are doing a poor job of taking advantage of financial counseling services under last year’s CARD Act, the National Foundation for Credit Counseling charged Wednesday.

Bank of America has won court approval of a $410 million settlement of claims it charged consumers excessive overdraft fees on their checking accounts.

The $500 million Webster First Federal Credit Union in Massachusetts is acquiring a toehold in metro Boston with a merger of the $60 million Saugus FCU.