News

BIRMINGHAM, Ala. -- As large and seemingly healthy credit union mergers make headlines, regulatory guru Dennis Dollar said the industry shouldn't automatically mourn lost credit union charters.

WASHINGTON -- While efforts to provide regulatory relief for credit unions are stalled in the House, supporters received good news from the Senate on Thursday when Sen. Joseph Lieberman (I-Ct.) introduced the Credit Union Regulatory Improvements Act.

NORTH RICHLAND HILLS, Texas -- Cypress Software Systems is now a member of the National Automotive Finance Association (www.nafassociation.com) trade group.

WASHINGTON -- The Federal Reserve Open Market Committee today trimmed the benchmark interest rate by 25 basis points to 2.0% as expected and signaled that it will defer any additional easing and monitor how the economy reacts to earlier rate reductions and to the tax rebate checks that began going...

WASHINGTON -- The FDIC offered a proposal yesterday to help prevent foreclosures, asking Congress to authorize the Treasury Department to make loans to borrowers with unaffordable mortgages.

ELGIN, Ill. -- Lending Solutions Inc. said it has been selected by Digital Credit Union to receive the credit union's Business Partnership Excellence Award.