News

The stock market may continue to roil as questions emerge on the details of the Treasury Department's economic stability plan.

Credit unions and other financial institutions would receive financial incentives for rewriting the terms of loans of consumers in danger of losing their homes, under a plan unveiled last week by President Obama.

The $1 billion Truliant Federal Credit Union is replacing its mortgage origination system with the Loan Producer system from the Dallas-based Financial Industry Computer Systems, Inc.

Much of the debate surrounding corporate credit unions has centered around the NCUSIF insurance premium hike.

Online banking use has increased during the ongoing recession as consumers are apparently keeping a closer eye on their finances, according to a new survey.

Illiana Financial Credit Union (www.illiana.org) is planning to go after younger members with an adoption of a range of online banking services from PM Systems Corp.