News

Power Financial Credit Union is unveiling what it calls "the next generation" of checking.

Power Financial Credit Union is unveiling what it calls "the next generation" of checking.

Experts in plastic card security have praised the news from Visa USA that almost all of its largest merchant acquirers have confirmed that they are not keeping card data for longer than allowed, but have also noted that this does not equal card security compliance in and of itself.

Mike Hearne, the controversial CEO of the $314 million Lafayette Federal Credit Union is no longer with the institution, according to sources familiar with the situation.

For car loan borrowers looking to refinance, credit unions most likely have the best deals in town, Black Enterprise magazine recently suggested.

In a marketing promotion highlighting "the credit union difference," the $109 million Mutual 1st Federal Credit Union is giving away a $22,000 Mini Cooper sports car this October with one special twist: the winner need not be a member or even sign up for membership.