News

Wolters Kluwer Financial Services said its consumer lending and deposit solutions are now part of its relationship with NAFCU Services Corp.

Heartland Payment Systems, the company that suffered a 2008 card security breach that cost card issuers, including credit unions, hundreds of millions of dollars made money in the first quarter of 2010, according to the company.

In response to the record flooding in Tennessee, the NCUA has activated its processes for dealing with natural disasters.

Arizona may have a new regulatory team to deal with banks and credit unions but the state has also had to face down a daunting budget crisis, which CU executives claim is hindering the examination process.

NAFCU is one many groups contacting Congress in opposition to an amendment to the Restoring American Financial Stability Act of 2010 that would effectively end federal government support for Fannie Mae and Freddie Mac in two years.

As part of the usual oversight of any loan program, the SBA's Office of Inspector General said it is reviewing a sample of 300 Recovery Act loans.