The Pennsylvania Supreme Court has agreed to hear bankers' appeal of a lower court decision permitting two state credit union community charter approvals.
A branch manager from Huron River Area Credit Union, which was placed into conservatorship earlier this year, has been arrested for embezzlement according to a local news report.
Affinion, a noted ID theft and marketing firm for credit unions, has acquired CardCops, a Malibu, Calif.-based ID theft protection, data monitoring and analysis technology solutions leader. Terms of the deal were not disclosed.
The planned merger of WesCorp with VolCorp included a capital payout plan whereby WesCorp would return VolCorp's member capital over a 20-year period, but an NCUA letter caused the corporates to go back to the drawing board.
Navy Federal Credit Union hosted its 22nd Annual Branch Operations and Mortgage Leadership Conference at its Vienna, Va. headquarters for more than 100 branch and field mortgage leaders from around the globe.
Electronic Clearing Services, the electronic check and check image exchange business of The Clearing House Payments Company LLC, announced that member financial institutions of both systems can now exchange check data and images.
