News

DES MOINES, Iowa -- Conditions were improving for Iowa credit unions Tuesday as the cleanup process begins with eight still having closed branches and only one, Metco of Cedar Rapids, having to relocate operations to another CU, according to the Iowa superintendent of credit unions.

GLASTONBURY, Conn. -- The European, Middle Eastern and African market is next for Open Solutions Inc.

WASHINGTON -- There may finally be at least one silver lining to nationwide gas prices topping $4 a gallon - lower auto insurance rates.

PLANO, Texas -- John Cassidy, president/CEO of Southwest Corporate, said he's confident there's a low probability his $14 billion institution will realize any meaningful investment losses, despite Fitch placing the corporate's ratings on negative watch this past Friday.

CEDAR RAPIDS, Iowa -- All in a day's work, the $6 million Quaker Oats Credit Union, located on high ground and with four employees, "is really hopping today" with 13 staffers in its facility, nine of whom are from the flood-damaged Metco CU.

WASHINGTON -- A second piece of federal legislation aimed at card interchange has been introduced.