News

U.S. District Judge Inge Johnson today denied U.S. Central Federal Credit Union director defendants their motion to dismiss the suit filed by Corporate America Credit Union.

Even though they weren't invited to testify-and the banking trade associations were-CUNA and NAFCU sent letters to a Senate subcommittee urging lawmakers to raise the cap on member business lending.

Using the same password and ID at multiple sites increases the risk of being victimized by online fraud, and it's a common consumer habit.

CO-OP Financial Services has added branch check capture.

The NCUA on Friday liquidated Mutual Diversified Employees Federal Credit Union of Santa Ana, Calif. and its assets were purchased by SchoolsFirst Federal Credit Union in the same city.

U.S. Central Federal Credit Union, currently under NCUA management, reported a nearly half a billion other-than-temporary impairment loss for the fourth quarter, bringing charges for the year to $1.8 billion.