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Subprime Card Issuer Agrees To Refunds

By David Morrison

WASHINGTON -- A card issuer that marketed Visa and MasterCards specifically to the subprime market will have to reverse more than $114 million it charged cardholders in fees, as part of a settlement reached with the Federal Trade Commission.

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Visa Repurchases Stock to Fund Litigation Escrow

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Biden to Lead Administration's Focus on the Middle Class

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December 21, 2008

LGFCU Loans Paid for Grant and Lee

RALEIGH, N.C. -- Grant and Lee are not only names known for the war between the North and South; Local Government FCU also paid of loans for members Richard Grant and Kelly Lee.

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December 18, 2008

African-American CU Coalition Moves Conference to Las Vegas

SHREVEPORT, La. -- Originally scheduled to take place in Chicago, the African-American Credit Union Coalition said it is moving its 2009 annual conference to Las Vegas.

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December 18, 2008

Automakers Get $17.4 Billion Lifeline

WASHINGTON - The struggling domestic automatic industry received a temporary reprieve today when the Bush administration announced a $17.4 billion loan package.

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December 18, 2008

Peroutka New Coca-Cola CU President

ATLANTA --Tthe $131 million Coca-Cola Family Federal Credit Union announced Friday it has named AnnLouise Peroutka as its new president effective Jan. 5 with CEO Dan McCue taking a job at Alaska USA FCU in Anchorage.

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December 18, 2008

NCUA Extends Deadline for CU HARP Applications

ALEXANDRIA, Va. - Credit unions wanting to apply for loans to help them rewrite mortgages of their low- and middle-income members now have until December 29 to do so.

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December 18, 2008

Jack Henry Debuts 'Micro Business Capture'

MONETT, Mo. - Jack Henry & Associates is now offering what it calls a "micro business" check capture solution for small businesses and consumers.

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December 18, 2008

PA High Court OKs Belco Community Charter

WASHINGTON - The Pennsylvania Supreme Court ruled that Belco Community Credit Union can keep its community charter that allows it to recruit members in a seven-county area in Central Pennsylvania.

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Top News Stories

Subprime Card Issuer Agrees To Refunds

Visa Repurchases Stock to Fund Litigation Escrow

Biden to Lead Administration's Focus on the Middle Class

Recommended Just For You

News Stories

LGFCU Loans Paid for Grant and Lee

African-American CU Coalition Moves Conference to Las Vegas

Automakers Get $17.4 Billion Lifeline

Peroutka New Coca-Cola CU President

NCUA Extends Deadline for CU HARP Applications

Jack Henry Debuts 'Micro Business Capture'

PA High Court OKs Belco Community Charter