News

BASKING RIDGE, N.J. -- Affinity Federal Credit Union has hired Kevin McCloskey, a former senior executive at Synergy Bank, to oversee the financial institution's business and consumer lending divisions effective immediately.

ALEXANDRIA - The NCUA Board is scheduled to issue final rules to allow CUSOs to undertake additional activities and changes in credit card practices at its meeting next Thursday.

MADISON, Wis. -- As banks continue to make adjustments to capital and lending efforts, patience is probably the most pressing piece of advice now for anxious investors.

ALEXANDRIA, Va. -- David Marquis has run one of the NCUA's most high profile departments for the past 14 years.

NAPLES, Fla. -- Consumers are still going to use their cards over the holiday shopping season, but significantly less than they have in previous years, according to a Web site that tracks card trends.

WASHINGTON - NCUA spokesman John McKechnie said the agency hopes the new Credit Union System Investment Program will kill two birds with one stone.