News

The industry-funded and nationally syndicated Biz Kid$ program received its biggest shot in the arm this week--a $700,000 pledge from an Invest in America unit of the Michigan Credit Union League.

Last year, an estimated 552,600 new employer firms opened for business and 660,900 firms closed shop, according to new data released today from the SBA.

The $3.6 billion Patelco CU in San Francisco will convert from its existing Fiserv Spectrum solution to the company's new Acumen platform, citing its Internet-based architecture, scalability and redundancy for its decision.

It's been nearly eight months now since plans for the nation's biggest credit union merger, the $4.6 billion consolidation of First Tech CU and Addison Avenue FCU, was unveiled--and there is still no word on any regulatory approval.

Money Magazine recently ranked North Carolina's 529 Plan, which is offered by the State Employees' Credit Union, one of the country's top three state college savings plans.

Fifth Third Processing Solutions, a subsidiary of Fifth Third Bancorp and the new owner of TNB Card Solutions, has expanded its prepaid card processing capability.