News

At last week's meeting, the Federal Open Market Committee voted to keep the federal funds rate at 5-1/4%.

House Financial Services Committee Ranking Member Barney Frank (D-Mass.) explained to credit union officials that, while money is important in elections, votes trump it every time.

Ten Orange County schools recently received another $100,000 from Central Florida Educators' Federal Credit Union to replenish their book supplies.

Nearly 750 persons attended two retirement planning sessions hosted by Coastal Federal Credit Union in March, and the $1.5 billion CU is hoping that its upcoming "Food for Thought" financial seminars will garner just as large a turnout. The seminars are for anyone interested in getting a head start on...

Pemco Technologies, a noted card processor for CUs, has announced that $140 million Heartland Credit Union, with more than 18,000 members, has expanded its relationship with Pemco Technologies. The CU will add both member awards and debit/ATM processing to the services it already uses.

The $13.6 billion State Employees' Credit Union's payday loan alternative program has drawn the attention of USA Today.