News

The partnership between the Fairfax, Va.-based FedComp Inc. and the Boise, Idaho-based Database Management Services Inc. is a demonstration of how two technology vendors can marry their strengths to best serve their clients.

Eliminating the tax exemption for credit unions was mistakenly included in the House bill that contains the seven immediate reforms recommended by the National Commission on Fiscal Responsibility and Reform, its sponsoring congressman said last Wednesday afternoon.

For credit union executives planning a core banking system conversion, feelings of fear and stress are common.Throw another factor into the mix, like a merger, and the conversion process becomes that much more overwhelming and complex.

A year ago, unemployment was 14% around the Inland Empire in California, much higher than the national average.

A new report from the Center for Financial Services Innovation suggests that products and services marketed to unbanked and underbanked consumers could represent a huge and growing market for the nations credit unions.

Credit Union Times has closed for Thanksgiving. If breaking news occurs, the site will be updated. See you Monday!