News

A few months after receiving a kidney transplant, Leroy Nesbit, president of the Combined Council of General Motors Credit Unions, said he's in good spirits.

The American Bankers Association is still raising concerns over a Securities and Exchange Commission proposal that would more clearly disclose "in plain English" what executives and directors earn at publicly-traded companies.

The latest ATM deployer study, conducted by Dove Consulting, a division of Hitachi Consulting, and sponsored by CO-OP Financial Services along with the NYCE, PULSE and STAR ATM networks, has further documented a trend toward stratification in the ATM/EFT industry that industry observers had already said was occurring.

When it comes to serving niche markets, consolidation may not be as bad for the banking industry as some perceive.

Rather than joining the name change train like other credit unions, after some 70 years, South Carolina Federal Credit Union is taking its members back to simpler times with a new rebranding initiative.

With the proliferation of alternative financial services outlets such as check cashing stores, Filene Research Institute set out to create a project for credit unions to offer more choices to members and nonmembers, especially from low-income households. The institute has just released its report, REAL Solutions: Solving the Financial Service...