News

The industry's largest corporate kicked off its annual meeting and Future Forum yesterday in style, with nearly 250 WesCorp members gathering at the Ritz-Carlton Hotel in historic Old Town Pasadena.

To bolster its remote deposit services, Southwest Corporate Federal Credit Union plans to offer business capture and ATM capture services for small business members.

Six financial services trade groups released a statement yesterday expressing their commitment to strengthening subprime lending standards. The American Bankers Association, America's Community Bankers, the Consumer Bankers Association, the Housing Policy Council, the Financial Services Roundtable, and the Mortgage Bankers Association signed off on efforts in support of stemming lax...

Former Fiserv credit union executive Larry Tankeloff has been named chief operating officer of CorePROFIT Solutions, a provider of hosted profitability software solutions for credit unions and banks.

better known as the GSE bill--this afternoon.

As a strong demonstration of the turn in the economy, credit union lending was up more than 4% in the first quarter of 2007 while loan growth was virtually flat.