News

The record-breaking winter snowstorm across the Mid-Atlantic and parts of the Midwest continued Tuesday to create havoc with credit union operations.

The clash between banks and credit unions over public fund deposits took an unorthodox twist with community banks and CUs teaming up to pass, 65-0, a milestone bill in the New Mexico House.

Because of the record-setting snowfall, House Majority Leader Steny Hoyer (D-Md.) announced today that there will be no votes in that chamber for the remainder of the week.

A community helpline that provides services to the disabled, elderly and low-income were among the nonprofits that marked the recent celebration of BECU's newest branch opening.

On a 15-0 vote of the Virginia Senate Commerce and Labor Committee, the now recast bankers' bill enabling state chartered credit unions to convert to mutual status cleared another hurdle this week as it appears headed for passage.

A majority of consumers are aware that Congress passed credit card protections last year, but not as many are aware of what those protections actually are, according to survey conducted jointly by CUNA and the Consumer Federation of America.

Fiserv Inc. said it has signed the first U.S. user of its new Acumen core processing platform.

Don't count consumer directed health plans out just yet.