News

Heartland Payment Systems has threatened to sue competing processors seeking to lure its merchant clients away because of a 2008 security breach.

NCUA Director of Public and Congressional Affairs John McKechnie responded to criticism of the agency's decision to hire PIMCO to help determine corporate investment portfolio values.

A fairly common policy intended to discourage robberies at banks and credit unions drew some fire after a Muslim woman complained that she was being discriminated against because of her headscarf or hijab.

Marketing Director Maureen Johns and her $201 million City Credit Union of Dallas have won CU Members Mortgage's first ever marketing achievement award.

Credit union market share of auto loans is on the rise reaching 24% compared to 14% a year ago with perhaps some of the credit going to the Invest in America program with General Motors and Chrysler Corp., the Michigan Credit Union League said this week.

U.S. Central Federal Corporate Credit Union and Western Federal Corporate Credit Union, NAFCU today urged the agency's board to ask Congress to spread out the NCUSIF repayment period over eight years.