News

Consumer and retail groups are praising the U.S. Department of Justice's actions against major credit card brands, but analysts are split about whether the moves will result in real lower prices for consumers.

Navy Federal Credit Union said this week it is on course with its 2010 branch expansion opening two new facilities next month--one in Largo, Md., and a new Pentagon unit in Arlington, Va.

In 2005, the $5.2 billion American Airlines Federal Credit Union was one of the last large-asset credit unions to start a card program. Now the five year old program has topped $100 million in assets.

ATLANTIC CITY, N.J. - While it's still in the works, the plan for potential corporate recapitalization is expected to have a built-in fail-safe.

Credit unions seemed to have fallen out of favor with cyber fraudsters over the summer, with phishing attacks reaching their lowest level to date, according to RSA, the Security Division of EMC.

Credit unions using VSoft Corp. software for branch image capture can now use Corporate One Federal Credit Union for aggregation and settling services, the companies said.