News

The Office of Inspector General at the FDIC found that while its Division of Supervision and Consumer Protection cited a number of banks for significant compliance violations last year, it did not "adequately" ensure corrective measures were taken and most still received a high rating.

A recent survey conducted by Visa USA of 1,000 New York City residents revealed that Americans would rather clean their bathrooms (42%), sit in traffic (20%) or go to the dentist (18%) than wait in line at a cashier.

NCUA Board Member Gigi Hyland offered small credit unions a bit of practical advice during an address at NCUA's 19th Small Credit Union Workshop.

Since the infrastructure to even send the checks from the CU's back office is not widely in place yet, what happens to all those checks that members deposit at one of the new, envelope-free ATMs?

Wincor Nixdorf, a leading worldwide manufacturer of ATM and IT technology for financial institutions, has signed a deal with Alogent, a payment processing firm, that will allow Wincor to offer a back office solution for electronic check management.

For its ongoing work in helping to build the communities it serves, HOPE Community Credit Union is one of the recipients of a $500,000 award from the Annie E. Casey Foundation.