News

Connex Credit Union is turning to the local community for help in naming its new checking account.

Fifty-five credit unions around the country have signed on with CO-OP Financial Services' flagship offering, the surcharge-free ATM network.

Since installing coin sorters at its 225 branches in 2005, State Employees' Credit Union said it has helped charitable groups sort approximately $317,000 at no charge to the organizations.

Two suburban Detroit credit unions, the $55 million Trenton FCU and the $81 million Wyandotte FCU, announced Monday they are merging effective Oct. 1 with Trenton continuing.

The economy's continued weakness will persist through 2011, and high unemployment will keep causing consumer confidence to sag, Federal Reserve Chairman Ben Bernanke told the House Financial Services Committee today.

House Financial Services Committee Chairman Barney Frank today announced he would postpone marking up a measure to create a new consumer protection agency until September.