News

Sen. Mark Udall (D-Colo.) introduced a bill to raise the cap on member business loans from 12.25% of assets to 27.5%.

Credit unions, get ready to jam: today marks the release of the first album of The Disclosures.

Des Moines, Iowa startup Dwolla has signed the first credit union commitment for its new person-to-person payments platform.

The third time may not be the charm for Nobel Laureate Peter Diamond’s effort to get on the Federal Reserve.

TCF National Bank, the financial institution that has sued the Federal Reserve over its proposed debit interchange rule, has based their argument against the rule in part on the rule's small issuer exemption.

Open Solutions Inc. of Glastonbury, Conn., and PSCU Financial Services of St. Petersburg, Fla., have reached an agreement that integrates the big CUSO’s contact center services with the core processor’s flagship DNA platform.

If history is any indication, the increase in rates on long-term certificates of deposit could mean higher inflation is around the corner.

Despite the ongoing debate over health care reform, health savings accounts continue to grow.