News

The Essex County Prosecutor's Office will have a press conference today at 4:00 p.m. to provide a statement regarding the undercover detective involved in the fatal shooting of Credit Union of Atlanta President/CEO DeFarra Gaymon.

The Senate will again have 100 members today when Carte Goodwin is sworn in as the interim senator from West Virginia.

Sen. Susan Collins (R-Maine) has become the first member of her party to sign on as a co-sponsor of an amendment by Sen. Mark Udall (D-Colo.) that would raise the cap of 12.25% of assets to up to 27.5% of assets.

Visa Inc has recognized Fifth Third Processing Solutions for its efficiency in card transaction processing.

President Obama is scheduled to sign the financial regulatory overhaul bill tomorrow and among credit union advocates and other groups there is much wondering about who will be the first head of the Consumer Financial Protection Bureau.

In what has become a relatively rare move, a Washington area credit union has sold its credit card portfolio to an agent-issuing bank.