News

Commercial loans from two credit unions will provide the financing for the construction of a new hotel development that will eventually employ hundreds of residents of Pensacola, Fla., according to one of the credit unions that made the loans.

Veteran credit union technologist and operations chief Rudy Pereira said hes moving from one good place to another.

If a new report is any indication, online banking adoption appears to have reached its limit.

The National ATM Council and assorted independent ATM deployers have filed an anti-trust suit against Visa and MasterCard.

Its no surprise that lending has been in the doldrums for many CUs the past few years but there could be an unexpected jolt triggered by fervor surrounding Bank Transfer Day Nov. 5.

When Rep. Tim Scott (R-S.C.) was a board member at Heritage Trust FCU, he and his colleagues were focused on expanding the reach of the credit union and seeing how it could best serve its members.