News

Some of the members of the $319 million Lafayette Credit Union will lose their branch as the former candidate for conversion to a bank said it is closing a branch in Montgomery County, Md.

For Wescom Credit Union the third time really is the charm when it comes to insurance agency acquisitions.

Interchange income and fees represent the smaller part of credit and debit card income, but a part which many credit unions could improve upon, suggested some card experts.

By a margin of only 2%, the members of the $1.2 billion Think Federal Credit Union have voted to stop being owners and members of a credit union and instead become depositors in a mutual bank.

Clark County Credit Union has taken GAP Insurance sales to new heights.

The latest University of Michigan American Consumer Satisfaction Index shows commercial banks reaching a new high of 77 on a scale of 100, continuing a steady upward trend that started in 2000. Wachovia topped the list at 80, followed by JPMorgan Chase and Wells Fargo, each at 72.