News

The $3.2 billion Wings Financial Credit Union said today it has received approval to expand its field of membership to the Puget Sound area in Washington.

NCUA's latest corporate seizure requires the industry to remain "calm and avoid knee jerk reaction" as it considers alternative moves to handle wholesale services, the chairman of the Illinois Credit Union League said today.

A small business version of the Popmoney person-to-person payments solution has been launched by CashEdge Inc.

The corporate network has now hit rock bottom "and we're on the way up," in the view of the president/CEO of the Missouri Corporate Credit Union.

The NCUA today issued a DVD explaining its plans for resolving the problems with the legacy assets of the corporate credit union system.

Managed service specialists HEIT of Fort Collins, Colo., and Simpler-Webb of Austin, Texas, have merged to form what the new company says is the country's largest managed services provider for community financial institutions leveraging cloud technology.