News

HAVERHILL, Mass. -- An overwhelming majority of the roughly 100 members of the $98 million Northeast Community Credit Union who showed up at a Sept. 13 meeting voted to approve their CU's merger with nearby Haverhill Bank, according to press reports.

WASHINGTON--Bank of America's $3 hike in foreign ATM fees drew new fire Thursday from U.S. PIRG, the consumer advocate organization, who again urged the public start using credit unions to avoid the big bank's "double dipping" practice on surcharges.

The $296 million Lafayette Federal Credit Union expects to announce its choice for a new CEO within a week, the credit union said.

The $296 million Lafayette Federal Credit Union expects to announce its choice for a new CEO within a week, the credit union said.

Credit unions have faced a disproportionately high increase in recent robberies and now the Federal Bureau of Investigation is teaming up with lawmakers in one state to try to lower the robbery rate.

Some banks have recently reported easing their lending standards or terms as a result of more aggressive competition from other banks or nonbank lenders.