News

When Senate Banking Committee Chairman Christopher Dodd (D-Conn.) leaves office at the end of the year, he will be one of at least three members of the committee departing Congress.

Elan Financial Services' ATM and card services will now be offered to customers of core processor Integrated Bank Technology, the companies said.

Credit union employees wanting to learn more about developing or expanding rewards programs can download a podcast from NAFCU Services Corporation and Bridge2 Solutions.

The $59 million A-K Valley Federal Credit Union, headquartered in Pittsburgh, has announced that it is closing one of its four branches because the branch has been robbed too often.

Delinquencies fell in six of the eight loan categories measured by the American Bankers Association and the composite ratio fell 12 basis points to 3.23% of all accounts, according to data released by the group today.

Financial institutions should make frequent use of stress tests and have well established risk measuring and monitoring systems to guard against the risks caused by rising interest rates.

Financial institutions in North Carolina, including the $18 billion State Employees' Credit Union have been wrestling since roughly mid-December with a novel approach to card skimming.

World Council of Credit Unions is reporting at least one credit union in Malawi was destroyed in December earthquakes that left three dead, more than 80 hospitalized and some 300,000 homeless in the country.