News

HOUSTON -- A survey of debit card issuers sponsored by PULSE suggests that further penetration by debit cards where cardholders validate their transactions with a signature may be harder to get.

WASHINGTON-- Senator Charles E. Schumer (D-N.Y.) announced that he'll conduct a hearing next week to look into whether mortgage lenders are taking unfair advantage of borrowers in foreclosure who have declared bankruptcy.

LOS ANGELES-- The Federal Reserve will hold a hearing today for public comments on the proposed merger of Bank of America and Countrywide Financial Corporation. The merger, which must be approved by the Fed, would make BofA the nation's largest mortgage lender and the country's biggest bank.

SILVER SPRING, Md. -- The National Foundation for Credit Counseling and MSN Money 2008 Consumer Financial Literacy Survey reveals that when it comes to financial education there is still much to do.

MOON TOWNSHIP, Pa. -- Created on April 1, 2007, Keystone Business Lending Solutions, a CUSO serving Pennsylvania credit unions, recently celebrated its one year anniversary.

RALEIGH, N.C. -- The $792 million Local Government Federal Credit Union has launched LGFCU Financial Partners LLC, a new CUSO that will work directly with local governments units across the state.