News

They weren’t mobile banking apps, but Google’s removal of a reported more than 50 infected applications from its Android Market might be a sign of things to come.

Vance Moore II, the leader of a conspiracy that bilked investors out of tens of millions of dollars in an ATM fraud, has been sentenced to 97 months in a federal prison.

Two outsourcing providers of the Symitar core processing platform said they have signed new credit union users of their services.

Two outsourcing providers of the Symitar core processing platform said they have signed new credit union users of their services.

Two Seattle area credit unions, the $564 million Watermark CU and the $544 million Sound CU of Tacoma, are planning a summer merger, creating the state’s fourth largest CU.

While fees and good service are still important, the most common reason some have for switching banks may have more to do with a change in life circumstances.

Credit unions made more loans in the fourth quarter of 2010 than in any other fourth quarter in history, said Jay Johnson, executive vice president of Callahan & Associates, as he crunched the latest numbers. The total amounted to $68.5 billion, said Johnson.

Fiserv Inc., a company known for growing by acquisition since its creation in 1984, has announced three new acquisitions, including a credit union core processing service bureau, a mobile banking and payments provider and startup prepaid card specialist.