News

The negative impact of the economy on its investments caused CUNA to have to write off $8 million last year, the organization reported yesterday.

Given their respective financials, whether a merger of Space Coast Credit Union and Eastern Financial Florida Credit Union would be in the best interests of both fields of membership remains to be seen.

A 100% increase in demand, fueled by California's job losses and foreclosures, was enough to convince Los Angeles-based ByDesign Financial Solutions to merge with Richmond, Va.-based ClearPoint Counseling Solutions.

One of the latest, if not the latest, lawsuit against Heartland Payment Systems stemming from its 2008 card security breach comes from the $3.2 billion Pennsylvania State Employees Credit Union.

The idea of a potential merger between two of Florida's largest credit unions has the Florida Bankers Association livid.

A $200,000 grant has been granted to conduct a study among Wisconsin's credit unions that aims to prove that financial education can motivate members to use investment tools to build wealth.