News

The Senate late this afternoon is scheduled to hold a procedural vote on whether to begin consideration of a regulatory restructuring bill, though there hasn't been an agreement on what the measure will look like.

Moneytree Inc., a Seattle payday lender, was hit late last week with a cease and desist order by Washington state regulators alleging the firm allowed borrowers to take out an excessive number of loans violating rescinding rules.

LAS VEGAS -- Robert Redford's character deciding to fight off a band of unknowns rather than jump off a mountain cliff into a stream may provide credit unions with an example of how embracing the unknown can be a good thing.

About half of the consumers interviewed in a recent national study said they would be interested in using electronic person-to-person payments, its sponsors said.

Chartway Federal Credit Union Vice President of Operations John Blum is scheduled to testify Wednesday in opposition to legislation that would place additional restrictions on interchange fees.

Western Corporate FCU's investment portfolio is performing worse than previously estimated by NCUA and Clayton Holdings.

A new version of the Zeus password-stealing malware is on the loose and already has infected one in every 3,000 computers monitored by a Web security firm that works to protect more than 6 million end users.

The Texas Credit Union League said today it has teamed up with the Texas Association of Business in an e-mail blitz to sway votes of U.S. Sen. Kay Bailey Hutchison and John Cornyn.