News

Damon Patrick Toey, 25, the last of the U.S. based partners of computer hacker Albert Gonzalez faces a judge for sentencing today in Boston. The U.S. Attorney for the District of Massachusetts has recommended a sentence of six years.

Pulling from a 2003 Government Accountability Office study, the Wisconsin Bankers Association offered what it considered to be evidence that most NCUA examiners do not have enough experience to effectively monitor commercial loans at credit unions.

CO-OP Financial Services has disbursed $12.2 million dollars in a patronage dividend to its member credit union shareholders

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 under a new SEC proposal.

National Community Reinvestment Coalition President/CEO John Taylor told lawmakers today that credit unions "have not served minority and working communities in a satisfactory manner."

North Carolina locals can continue "Exploring North Carolina" thanks to State Employees' Credit Union.