News

House Financial Services Committee Chairman Barney Frank expressed concern to the Federal Reserve that regulations limiting interchange fees could increase the regulatory burden on credit unions and other small financial institutions.

The $490 million Rivermark Community Credit Union said more than 3,600 members signed up for its new mobile banking service since its Dec. 13 launch.

Tightening down on smart phones and a shift in focus in the fight against cyber threats are among what's ahead next year, according to Perimeter E-Security's new webinar, "Five Data Security Predictions for 2011."

Fiserv Inc. said it has signed four more users of its Portico core processing solution for smaller credit unions.

NCUA's new financial literacy rules for volunteers are triggering a run this week on financial education packages, both in-person and online, with an eye toward assisting directors weak on computer skills.

Credit unions will have to wait until next year to expand member business lending following yesterday's unsuccessful effort by Sen. Mark Udall to bring up the legislation in the waning days of the lame duck Congress.