News

The National Institutes of Health Federal Credit Union has expanded its business services program with an eye on courting its growing health care and biomedical membership.

Sen. Richard Shelby, the top Republican on the Banking Committee, was easily re-elected to a fifth term, the Associated Press projected.

GOP Rep. Roy Blunt, on whose behalf CUNA's PAC spent $152,500 in independent expenditures, won an open U.S. Senate seat in Missouri. CUNA's PAC also gave Blunt's campaign $10,000 and NAFCU's PAC gave it $1,000.

Hawaii State Federal Credit Union said it plans to convert to a new core processing platform from Open Solutions.

The $900 million Empower Federal Credit Union of Syracuse, N.Y., said Tuesday it expects to complete a merger of a competitor, the $10 million Providers FCU, by Jan. 1.

Attorneys for CUNA President/CEO Bill Cheney and other former WesCorp directors and one former executive asked a judge to dismiss NCUA's lawsuit alleging a breach of fiduciary duty and negligence.

Connecticut Attorney General Richard Blumenthal and West Virginia Gov. Joe Manchin, both Democrats, are expected to win open Senate seats in their states, according to the Associated Press.

FIS plans to expand its loyalty solutions into health care, retail, petroleum, transportation and government markets with its latest acquisition, the Jacksonville, Fla., company said.