News

TNB Card Services, the card servicing and management arm of credit union owned Town North Bank, continues to grow its card processing business, picking up the processing accounts for three more credit unions from three different states.

Eight members of Congress have added their names as co-sponsors to the Credit Union Regulatory Improvements Act (H.R. 1537) bringing the total to an even 80 with primary sponsor Paul Kanjorski (D-Pa.).

Senate Small Business Committee Chairman John Kerry (D-Mass.) has introduced legislation together with Ranking Member Olympia J. Snowe (R-Maine) and plans to hold a markup this month intended to expand and improve the government's top lending programs.

The Maryland & District of Columbia Credit Union Association recently announced that Jennifer Porter Gore has joined its team as vice president of federal and D.C. governmental affairs.

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Technology Groups Federal Credit Union and Wilton, Conn.-based Mutual Security Credit Union are in merger talks.