News

Despite questions on certain eligibility criteria, the Maine Supreme Court recently ruled that all of Maine credit unions could indeed offer interest on lawyers trust accounts or IOLTAs.

With the aim of literally stopping fraud in its tracks, XCard Holdings, LLC is prepping to pilot its new XCalibur card with a handful of credit unions.

WASHINGTON--Financial Crimes Enforcement Network Director James Freis told a room full of bankers and lawyers that Treasury is looking at ways to enhance the risk-based approach to Bank Secrecy Act examination.

In what is most likely the largest dividend ever issued in credit union industry, members of DFCU Financial will receive their share of $17 million.

KENSINGTON, Md. -- At least two board members of Lafayette Federal Credit Union, one sitting and one former, have not appeared for depositions in the credit union's lawsuit against a former CEO over breach of contract related to the CU's failed attempt to convert to a mutual bank.

Wildfires Force Closure of Symitar's San Diego Office