News

A high-tech firm from the Canadian Maritimes is now offering its fraud detection and compliance software services to members of the California Credit Union League (www.ccul.org).

In support of the credit union industry's initiative to help fund construction of the Martin Luther King Jr. National Memorial in Washington, First Carolina Corporate Credit Union has made a $10,000 donation to the project.

Although experts dispute over whether the practice is illegal, the Fair Isaac Corporation says the latest change to its credit scoring system will at least cut down upon and perhaps eliminate the practice of renting credit scores.

The board of directors of Peoples First Choice Federal Credit Union (PFC FCU) voluntarily consented to conservatorship on June 12.

In a long-awaited appointment, Gov. Edward G. Rendell has named a Mellon banker, Steven Kaplan, as the state's new banking secretary.

The NCUA Board has two proposals up for review for next week's meeting.