News

JACKSONVILLE, Fla. -- A former auditor for a firm now owned by the largest CU card processor charged her former firm, Watterson Prime, deliberately verified subprime loans she had kicked back as being bad.

WASHINGTON -- Consumers can obtain information on safe money management during natural disasters through a link at NCUA's Web site.

JACKSONVILLE, Fla. -- Fidelity National Information Service Inc. is now offering a mobile banking suite that offers all three interface modes of delivery in what the company says is a first from core technology processors.

WASHINGTON -- Financial education should begin in elementary school and the government should work more with community organizations to increase knowledge of personal finance, NAFCU told a government panel.

DENVER -- Given tough economic conditions, the merger trend among both the "high profile large credit unions" and among smaller ones is definitely on the increase in 2008 with boards and senior management more open than ever about discussing consolidation, a top Denver merger consultant said Friday.

WASHINGTON -- The National Association of Realtors said that sales of existing home fell by 1% to 4.89 million units, making for a match with the all-time low slump set last January.