News

Ent Federal Credit Union said its new branch and ATM locator application for iPhones has been downloaded more than 150 times in its first month of use.

FoolProof, the Web-based financial literacy package piloted two years ago by the Credit Union Associations of Colorado/Wyoming, is on a roll signing up last week its 10,000th user overall and now counting 750 high schools.

With several thousand bankers in town this week, CUNA is making sure its side of the story isn't forgotten.

Albert Gonzalez, the convicted ringleader of a major hacking and thieving operation that cost credit unions millions of dollars, still awaits sentencing by a federal court.

Washington State has now joined its southern neighbor, Oregon, in enacting legislation to deposit public funds in credit unions.

CUNA wants any consumer financial products regulator not to have any examination powers for any credit union while the ABA wants no new consumer regulatory agency.

The new regulator of consumer financial products would be housed in the Federal Reserve and would have the ability to write rules, but most of enforcement would be done by the safety and soundness regulator.

Financial service firms hawking their wares are getting the cold shoulder from some retirees and pre-retirees who are opting for traditional solutions and managing their income on their own, a new study revealed.