News

In a sign that the overall payments industry attitude toward encryption and card data security might be changing, Heartland executives told analysts and reporters that the company saw a competitive advantage in developing end to end encryption.

The Wisconsin Credit Union League and Mazuma Credit Union's CUSO CU Holding Co. LLC are the latest to join MEMBERS Development Co. LLC, a coalition designed to help create new member products and services.

Delta Community Credit Union is the first user of Wesabe Springboard, a Web-based version of the San Francisco company's personal finance management site, Wesabe officials said.

U.S. Central Federal Credit Union will release its March 2009 financials today, the NCUA released in its weekly corporate credit union update.

The NCUA will provide accounting guidance related to Western Corporate FCU's capital depletion, the regulator told WesCorp members during yesterday's Webcast.

Two southern California credit unions, Southland in Los Alamitos and Financial Partners in Downey, are looking to merge two smaller CUs into them.