News

The improper use of private annuity and foreign trusts and individual retirement account abuses are among the top scams in the Internal Revenue Service's "Dirty Dozen" list.

Making good on a campaign promise, President Obama is expected today to ease money transfer and travel restrictions for Cuban Americans with their native country and allow greater satellite communications between the countries.

Former marketing executive Kent White has been named the new president/CEO of $90 million Oregon Employees Federal Credit Union effective May 26.

PSCU Financial Services has announced what it said was the largest dividend ever from a CUSO, $45.4 million.

Payday lenders are attacked a piece of federal legislation aimed at protecting consumers from so-called payday loans by noting overdraft protection plans do not face similar regulations.

There was "no conspiracy" among Western Corporate Federal Credit Union executives to "make the numbers look better than they were", said Robert Burrell, former chief investment officer at the seized WesCorp.