News

The $2.2 billion Lake Michigan Credit Union has bought VML Insurance Agency, a firm that offers a line of personal and business insurance plans and benefit packages.

The Federal Reserve yesterday decided to let the new consumer financial agency issue final rules on three aspects of mortgage disclosure law under the Truth in Lending Act.

In a bid to capture more of the prepaid debit card market, the Illinois Credit Union League is rolling out a new "family card" designed for teens as a money management tool.

The head of a Grand Rapids, Mich. CUSO leading a petition drive sharply critical of NCUA policies and hoping to marshal industry action to bring about major changes, acknowledged Wednesday his campaign may be stalling.

In Pennsylvania, the chasm between credit unions and small community banks looks to be getting smaller-at least where it comes to operations and training.

Credit unions regularly tout the fact that they offer a better deal, so Michigan State University Federal Credit Union is working to prove that with a $1 million challenge.