News

Under a new SEC proposal, large traders would be issued a unique identification number so that their broker-dealers could maintain transaction records in an effort to stop illegal trading activity.

Eleven years after the now-defunct Eastern Airlines first flew the skies from its Miami-based hub, a credit union chartered to serve the carrier's employees made its debut.

With an August target date, two Seattle credit unions, the $228 million Prevail Credit Union and the ailing $32 million Transportation Northwest CU, are preparing to merge.

The SBA has received an additional $80 million to support its 7(a) and 504 loan programs to keep capital flowing to small businesses.

Pressure from regulators to increase earnings has lead the board of Missouri Corporate CU to lower its overnight dividend rate to 0%, effective May 1.

Tower Federal Credit Union has made it even easier for staffers to make time for exercise.

In an unusual move to expand its business services footprint, Anheuser-Busch Employees' Credit Union has signed an agreement to serve the existing retail and business customers of Stifel Bank and Trust.

Consulting and shared services CUSO Xtend Inc. said it expects about 300 industry professionals to attend all or some of the networking events surrounding its annual stockholders meeting on June 8 at its headquarters in Grand Rapids, Mich.