News

The president/CEO of the $1.5 billion First Tech Credit Union here, Thomas E. Sargent, is both direct and passionate about helping sick kids.

For helping out a struggling underbanked community following the departure of a key business, the $400 million First Citizens' Federal Credit Union, with branches across southeast Massachusetts and Cape Cod, is winning widespread civic praise this month.

The $231 million Sarasota Coastal Credit Union has partnered with Breiter Capital Management, Inc. to bring investment services to middle to high net worth members.

After a downturn, IT security spending is beginning to show some rise, according to Forrester Research (www.forrester.com). Driving the increase is the need for new tools and processes as IT security becomes more integrated into the information technology and risk functions of organizations, the think firm says.

Credit unions unsure how to meet regulatory requirements concerning risk, data protection and privacy are often turning to technology for help.

McAfee Inc. and RSA plan to work together to boost online banking security.