News

BOSTON -- Broker-dealer LPL Financial Corp. said to streamline operational costs, it will have to reduce its staff by 10% however the division that serves credit unions will not be affected.

AUGUSTA, Maine -- As a new state legislature takes office, Maine credit unions are optimistic about developing relationships with lawmakers, including contacts with the Business, Research and Economic Development Committee,

TULLAHOMA, Tenn. -- Ascend Federal Credit Union recently received national media attention when a frustrated Bank of America credit card holder closed her account.

MADISON, Wis. -- Many American credit union managers may be faced with financial do-or-die decisions this year, but the dire situation for Kenya's credit unions is literally do-or-die.

WASHINGTON -- Federally insured credit unions will no longer have to report certain financial transactions over $10,000, as a result of amendments to the Bank Secrecy Act, which take effect Jan. 5.

CLEARWATER, Fla. -- Card Services for Credit Unions is looking back on a healthy year for credit union card programs.

HOBOKEN, N.J. -- When it comes to credit unions embracing technology, the issue is not to just do it, but to figure out how to do it in the right way for the credit union.

HOUSTON -- Shell Oil Products US is launching a card which will enable consumers to purchase gasoline from their stations directly from their checking accounts, bypassing the use and interchange of the debit card.