News

In another sign that the economy may be beginning to pick up steam, housing starts increased 17.2% to a seasonally adjusted annual rate of 532,000 in May, the Commerce Department reported today.

Credit cards, mortgages and other financial products would be under the jurisdiction of a new agency according to a proposal to be unveiled tomorrow by President Obama.

In the latest example of trade group economizing, the Missouri Credit Union Association and the Oklahoma Credit Union League have scheduled a joint fall leadership conference and expo in Branson, Mo.

The $5.8 billion Suncoast Schools Federal Credit Union has alerted members that thousands of their Visa check cards were recently breached.

Wescom Resources Group is now offering a new member relationship management solution targeting the several hundred credit unions running on the Symitar Episys core platform.

SEG-based credit unions in Oregon have been given expanded power to switch to a community and still keep their SEGS under a new law signed by Gov. Ted Kulongoski.