News

SAN FRANCISCO -- Now that Wells Fargo appears to have won the battle to purchase Wachovia, the resulting bank will launch another large ATM network. According to press reports and estimates, the new network will include between 12,000 and 12,400 ATM machines.

NEW YORK -- As governments in France, Italy, Germany, Great Britain and other countries announced their respective global recovery plans, stock markets rallied on the promising news.

WASHINGTON -- Treasury Secretary Henry Paulson is scheduled to discuss the government's plans to buy shares in key banks during a meeting this afternoon with the CEOs of the nation's top commercial and investment banks.

TRENTON, N.J. -- New Jersey's state legislature is considering charging lenders and servicers a $2,000 fee for every foreclosure they file in the state.

ATLANTA -- Members are certainly asking more questions about their investments and retirement plans as credit unions nationwide schedule more financial education seminars.

RANCHO CUCAMONGA, Calif. -- CO-OP Financial Services has made a deal with the Ohio Credit Union League Services Corp. that will enable OCUL Services Corp. to offer CO-OP products and services at preferential prices.