News

NEW YORK -- The FBI has added the insolvent IndyMac Bancorp Inc. to its list of financial corporations worth investigating, the Associated Press is reporting. The bank is under investigation for possible fraud in connection with home loans made to risky borrowers.

VANCOUVER -- After nearly two years of stalls and starts, Credit Union Central of British Columbia and Credit Union Central of Ontario finally merged on July 1 to create the $7.5 billion Central 1 Credit Union.

SALT LAKE CITY -- The energy-saving move by Gov. Jon Huntsman Jr. ordering major state agencies to start a four-day work week in August appeared to have no quick takers among credit unions or banks. But it generated plenty of talk about possible changes in the future should the pain...

CU Times Senior Correspondent

CU Times Senior Staff Reporter

WASHINGTON -- Credit card issuers and retailers could have their disagreement over interchange fees one step closer to being resolved this week.