News

J. Benson Porter, chief executive officer at the $2.4 billion Addison Avenue Federal Credit Union, was elected to the board of the Federal Home Loan Bank of San Francisco earlier this week. Porter said he will begin serving his four-year term Jan. 1.

OMEGA Federal Credit Union has tapped former Security Credit Union Executive Vice President/Chief Financial Officer Troy L. Garvin as its new CEO.

CUNA CEO Dan Mica praised today's General Accounting Office report on credit card interchange for recognizing how important card interchange is for card issuing credit unions.

The NCUA's proposed prompt corrective action rules for corporates would give the regulator greater authority than it has today.

Addison Avenue Federal Credit Union has officially expanded its reach in San Jose.

A new interface, along with enhanced bill pay and consumer budgeting features, are among the advancements in Online Resources Corp.'s new release of online banking and bill pay services, the company said.