News

Three lawmakers, including the chairman and ranking member of the House Financial Services Committee have sent a letter to the Comptroller of the U.S. seeking a Governmental Accountability Office study of the Treasury Department's Financial Crimes Enforcement Network and the use of Suspicious Activity Reports and Currency Transaction Reports.

Three lawmakers, including the chairman and ranking member of the House Financial Services Committee have sent a letter to the Comptroller of the U.S. seeking a Governmental Accountability Office study of the Treasury Department's Financial Crimes Enforcement Network and the use of Suspicious Activity Reports and Currency Transaction Reports.

Visa USA is arguing to lawmakers that competition already exists when it comes to credit card interchange.

When the House Judiciary Committee's Antitrust Task Force convenes a hearing on credit card interchange today at 2:00 p.m., one of the arguments lawmakers will likely hear will be based on the experience of Australia with card interchange.

Recognizing that most families with college-bound children are concerned about preparing and paying for college--whether their income is $50,000 or $500,000/year--Fort Belvoir Federal Credit Union and Collegiate Funding Solutions have teamed up to launch a new Web-based college planning tool.

Shared branching is on a roll in Maine with four credit unions and 12 locations on board since the end of June, the Maine Credit Union League said today.