News

BancVue Interactive and Yodlee Inc. have integrated their online account opening solutions

Credit unions which own the $955 million Town North Bank may face a call for additional capital to support it going forward, according to analysts asked to review the bank's financial reports.

President Obama's three nominees for seats on the Federal Reserve Board told lawmakers today that they would support policies to encourage more economic growth and be stronger regulators of financial institutions.

Regulators in Louisiana are about ready to conduct a more formal, second survey of financial conditions impacting credit unions as a result of the BP oil spill, the state's top examiner, Sidney Seymour, said Thursday.

When regulating interchange fees, the Federal Reserve should exercise flexibility, not make decisions in isolation and consider the costs that credit union incur when running card programs.

Alabama's top credit union regulator said he will lift the year-old conservatorship of the $184 million Mutual Savings Credit Union now that the Birmingham CU has restored profitability and fixed its balance sheet.