News

The $28 billion WesCorp, San Dimas, Calif. and the $4 billion SunCorp located here announced merger plans today.

Congressman Paul Kanjorski (D-Pa.) is reportedly recovering well from his triple by-pass surgery and returning to work with the rest of Congress this week so credit union lobbyists are hopeful that the CURIA co-sponsorship will grow this week.

The $319 million Lafayette Federal Credit Union has rejected the efforts of some of its members to call for a special meeting at which some or all of the CU's board members could be recalled.

The Minnesota Credit Union Network has taken a stance on "hostile" credit union takeovers outlining several protections.

A survey conducted by Javelin Research suggests that retailers who delay in bringing their consumer security systems to the security of credit card accounts risk drawing down the wrath of angry consumers.

Wescom Credit Union has promoted credit union technology veteran John Best to the newly created position of vice president and chief technology officer at the $3.8 billion CU.