News

More than 1,100 new member accounts have been added at Coastal Federal Credit Union in Raleigh, N.C., in the past six months using a new online account opening and funding solution from uMonitor, the company and credit union said.

Digital Insight has named Mobile Money Ventures, a joint technology launch by Citi and SK Telecom, as the online banker's preferred mobile financial services provider.

Forty percent of the industry's year-to-date savings increase has flowed into money market accounts ahead of regular shares and certificates of deposit.

The $71 million Rutgers Federal Credit Union, which serves employees and staff of the New Jersey university as well as two hospitals, said Monday it remains open to a merger with a smaller unaffiliated nearby CU, locked in a bitter member/board dispute.

Two credit unions headquartered in Pennsylvania have signed on with CUC Mortgage, a credit union mortgage CUSO with roots in the Credit Union Association of New York.

The Credit Union Association of Colorado/Wyoming said Monday it has expanded its web-based "Foolproof" financial literacy package, now being used by U.S. school teachers and endorsed by consumer groups, to include the Illinois Credit Union League.