News

WILMINGTON, Del. -- Despite grim news from its parent company that 7,000 job cuts are scheduled, ING DIRECT said it is moving forward with its plans to grow ShareBuilder Corp.

WASHINGTON - Officials from retail corporates say they're concerned U.S. Central's $1.1 billion year-end net loss and corresponding $1 billion NCUSIF capital injection has devalued the funds they've invested in the wholesale corporate.

BELLEVUE, Wash. -- UC4 Software (www.uc4.com) said three credit unions have recently deployed its workload automation software to enhance their core processes, the company said.

NORTH RICHLAND HILLS, Texas -- Cypress Software Systems has hired a veteran of the credit union technology sales space to lead its expansion efforts into that market.

WASHINGTON -- Credit unions and other financial institutions were dealt a setback last week when the House Judiciary Committee last Tuesday approved a bill giving judges the power to reset the terms of mortgages for people in bankruptcy proceedings.

JACKSONVILLE, Fla. & MADISON, Wis. -- No credit union likes to have cards compromised in a security breach, but the insurer for the majority of credit unions