News

The NCUA has added several correspondent services to the list of incidental powers that federally chartered credit unions have.

High vacancy rates and low property values in the commercial real estate sector continues to hamper overall growth in the economy, one top banking official testified today.

Credit Union One of Oklahoma had just one person -William Lavin, the CEO-manning the shop this morning while the CU's 20 other employees struggled against six-foot snowdrifts.

Total vehicle sales started 2011 off the same way 2010 ended: in a slow but steady upward trend, according to NAFCU.

With the addition of four new partners, business lending CUSO Northeast CUSO said it boosted its revenue by 19% and doubled its net earnings last year.

Fiserv Inc. said it signed several hundred new and existing clients to an array of financial technology services in 2010 and notched a couple new financial records, the Brookfield, Wis., company said.