News

NAFCU wrote a key senator saying it opposes the current version of a measure to let bankruptcy judges rewrite the terms of mortgages.

Marking a new milestone in assistance to needy nonprofits, the Carolinas Credit Union Foundation said Wednesday it has now distributed more than $750,000 to low income organizations as part of its four-year-old "Micro Community Grants" program.

The House Financial Services Committee today approved a measure to put additional restrictions on credit unions and other credit card issuers.

More than 260 persons came out to St. Mary's Bank's recent annual meeting, the 100th such gathering for the country's first credit union.

In the tightly competitive District of Columbia business lending market, Mid-Atlantic Federal Credit Union is poised to become the second largest player in the metropolitan area.

A couple years after deciding to reinvent his company in a remake that "really tested some loyalties," Louis Hernandez Jr. said he thinks Open Solutions Inc. is firmly poised to help his clients-new and old-move ahead.