News

The 231 credit unions served by LPL Financial Corp. will remain on the independent broker-dealer's platform or the UVEST Financial Services' platform, the company said.

According to Clayton's first quarter U.S. Central investment report, losses from mortgage backed securities aren't expected to peak until early 2011, when principal and interest distribution also peaks.

A regular survey of U.S. consumers conducted by a Canadian Bank suggests that Americans are no where near ready to start using their credit cards again.

Five credit unions, including the nation's first federal credit union, are converting from competitive core processing platforms to Fiserv, the company said.

In what would have been the largest credit union merger to date, Suncoast Schools FCU and GTE FCU have announced that they have terminated merger discussions.

Consumer prices increased 0.7% last month, the Labor Department reported today.