News

With many residents still recovering from the recent floods that swept through Atlanta and surrounding areas, Wings Financial Federal Credit Union is offering some relief.

U.S. Rep. Mike Castle (R-Del.), a senior member of the House Financial Services Committee, announced today he is going to run for the Senate next year.

NCUA officials carefully tempered hopes for alternative capital at yesterday's San Diego Town Hall meeting, saying while there are signs the balance sheet band aid might come to pass, significant obstacles still remain.

The Wisconsin Credit Union League does not run a stand-alone Credit Union House, but for International Credit Union Day the league's will make do as part of what is billed as a "bigger and better" event.

Visa USA has stepped forward with a set of best practices for the use of so-called end-to-end encryption.

The bid by the Iowa Credit Union League to purchase an Arizona bank represents a "unique structure and relationship" the league has with its corporate but with uncertain application for the rest of the system.

NCUA seems to be treading carefully and purposefully in its policy on failed credit unions realizing current economic conditions are an "anomaly," in the view of one successful CU suitor, the $941 million United Federal Credit Union of Michigan.

The law suits of financial institutions, at least five of them credit unions, seeking to recover losses incurred because of the Heartland Data Systems card security breach have been rolled into one suit.