News

ROCKVILLE, Md. -- MCT Federal Credit Union has been honored as one of the state's exceptional 53 companies.

DALLAS -- Responding to the needs of a business member, Lone Star Credit Union has deployed an ACH solution from Goldleaf Financial Solutions Inc. of Atlanta.

WASHINGTON -- A card issuer that marketed Visa and MasterCards specifically to the subprime market will have to reverse more than $114 million it charged cardholders in fees, as part of a settlement reached with the Federal Trade Commission.

NEW YORK -- Visa USA has announced the repurchase of over $1 billion worth of its class B shares, currently held by credit unions and banks which issue Visa, to fund an additional deposit into an escrow account set aside to cover legal expenses.

WASHINGTON -- Vice President-elect Joseph Biden will chair a task force to come up with policies aimed at improving the conditions of the nation's middle class, the transition team announced yesterday.

RALEIGH, N.C. -- Grant and Lee are not only names known for the war between the North and South; Local Government FCU also paid of loans for members Richard Grant and Kelly Lee.