News

DES MOINES, Iowa -- Iowa credit unions, particularly those with a membership base of college students, were scrambling this week to help out a state-run agency impacted by the national liquidity squeeze impacting the student loan market.

DES MOINES, Iowa -- Iowa credit unions, particularly those with a membership base of college students, were scrambling this week to help out a state-run agency impacted by the national liquidity squeeze impacting the student loan market.

GRAND RAPIDS, Mich. -- CU*Answers said it has signed seven new users of its CU*BASE core processing system.

GRAND RAPIDS, Mich. -- CU*Answers said it has signed seven new users of its CU*BASE core processing system.

WASHINGTON -- In another move to help ease the credit crunch, the Federal Housing Finance Board, which oversees the 12 banks in the Federal Home Loan Bank System today announced an increase of $100 billion in securities the banks can buy from Fannie Mae and Freddie Mac.

MILWAUKEE -- The Secure Vault Payments system from NACHA--The Electronic Payments Association is getting processing support from Metavante Corp.