News

WASHINGTON-Department of Housing and Urban Development Secretary Alphonso Jackson expressed concern that previous comments he had made to a credit union group were taken out of context in the press. Though he did not cite the publication, during remarks to America's Community Bankers Government Affairs Conference last week, Jackson joked...

SALT LAKE CITY - He's only been on the job a year and a half but the president/CEO of the Utah League of Credit Unions had to admit and even apologize "for getting misty eyed" so frequently when he discusses the passion he said he now holds for the CU...

ATLANTA - Equifax has officially completed its acquisition of APPRO Systems, Inc., a well-known vendor in credit union land for its online lending and decisioning products. Baton Rouge-based APPRO has approximately 150 financial institution clients, mainly made up of CUs and community banks. Its flagship products is its APPRO's LoanCenter...

JACKSONVILLE, Fla. - 2005 is off to an auspicious start for Fidelity Information Services. FIS is the financial institution technology division of Fidelity National Financial, Inc., a Fortune 500 firm that is best known for its real estate solutions. Fidelity acquired its way into the CU core processing space when...

SALT LAKE CITY - A federal judge's ruling last December rejecting six-county expansion bids by a group of Utah credit unions has certainly given pause to NCUA policies on multi-county approvals, but new field of membership applications are in the pipeline now, Region 5 Director Melinda Love told CU executives...

COLUMBIA, S.C. - According to a new Forrester Research report, the percentage of online consumers who get at least one e-statement has more than tripled in about 18 months or so. So that should amount to big savings for those financial institutions that no longer have to send costly paper...