News

The takeover late yesterday by the $6 billion Security Service Federal Credit Union of the NCUA-conserved Family First FCU of Orem has been in the works since last October.

CUNA Mutual's decision to diversify helped the credit union insurance giant increase its net income year over year despite the poor economic times.

Allowing members in good standing to skip a loan payment during the holiday season can provide them with an extra financial cushion to help cover their expenses.

Montana CUSO CUsource LLC said it will be converting 11 credit unions this year to the online banking and bill pay platform from Online Resources Corp.

Oklahoma lawmakers may soon join their Michigan counterparts in urging a halt to implementation of the Federal Reserve's interchange fee rules.

Keesler Federal Credit Union in Biloxi, Miss., said it has been opening about 30% more new accounts per months since its deployment of an automated system.