News

ARLINGTON, VA -- While the final numbers for credit union card performance have yet to be tabulated for 2008, it seems likely they will beat the numbers posted by some of the nation's largest card brands.

COLUMBUS, Ohio - Corporate One Federal Credit Union will use CheckFree's Advantage Fee solution for client billing and revenue management, according to Fiserv Inc.

WASHINGTON -- The SEC charged Gordon B. Grigg for allegedly defrauding clients out of at least $6.5 million and misrepresenting that their money was invested in the federal government's Troubled Asset Relief Program and other securities that do not exist.

NAPLES, Fla. -- The number of card offers mailed directly to consumers dropped to the lowest levels since 2003 last year, according to numbers reported by Cardtrak.com and compiled by its data tracking partner, Cardwatch.

WASHINGTON - Consumers bought fewer big-ticket items such as cars, appliances and office equipment last month, the Commerce Department reported today.

GRAND RAPIDS, Mich. - CU*Answers said it has returned $400,000 to its approximately 70 credit union owners in patronage dividends for 2008.