News

WASHINGTON -- The SEC said it has distributed more than $103 million to investors who lost money because of mutual fund market timing and late trading involving Banc of America Capital Management LLC and several of its affiliates.

WASHINGTON -- A Senate panel cleared one more hurdle between Michael E. Fryzel and the board of the National Credit Union Administration.

MECHANICSBURG, Pa. -- AmeriChoice Federal Credit Union is the premier sponsor for the Mechanicsburg Chamber of Commerce 80th annual jubilee day.

WASHINGTON -- Terrin Griffiths, economist and industry analyst at the California/Nevada Credit Union Leagues and Samuel Inman, chief financial officer of Community First Credit Union of Jacksonville, Fla., have joined the Credit Union Economics Group.

LINO LAKES, Minn. -- Sharetec Systems Inc. said it has signed two new credit unions to use its core processing system. They are the $11 million Los Alamos Schools CU in Los Alamos, N.M., and the $74 million Southwest Oklahoma FCU in Lawton, Okla. The New Mexico credit union currently...

CHARLOTTE, N.C. -- Carolina Postal Credit Union is shining a spotlight on the latest bankers' illusion. The credit union is on a mission to show members that bankers' new spend and save debit card accounts can't measure up to good old fashioned payroll deduction saving.