News

PORTSMOUTH, N.H. -- SilverCloud Knowledge Systems said it has added three new clients in the past month and expanded relationships with two others.

SAN DIEGO -- The city of San Diego has sued Washington Mutual Inc. and Wachovia in separate lawsuits alleging predatory lending and mortgage fraud.

WARRENVILLE, Ill. -- Even though recent corporate headlines have focused on investments and liquidity, electronic branch capture is still gaining steam at Members United Corporate FCU.

CALABASAS, Calif. -- Digital Insight said that more than 60 financial institutions have deployed, are in the process of implementing or have contracted to use the company's new FinanceWorks online financial management solution.

ALEXANDRIA, Va. -- The NCUSIF has $7.8 billion in assets and a strong equity ratio, but the increase in the number of credit unions experiencing difficulties is placing some strains on the fund, NCUA Chief Financial Officer Mary Ann Woodson told the board last Thursday.

HARRISBURG, Pa. -- Credit unions looking to buy or sell their member business loan participations will soon have access to an exchange to make swaps through Loan Trader, a new online network from the Pennsylvania Credit Union Association.