News

The U.S. Government could save between $36 million and $39 million in interchange fees annually if it had the right to negotiate for better terms, according to a Treasury Department report.

In more ways than one, the purchase by the $1 billion Royal Credit Union of 11 branches of an ailing Wisconsin bank represents an extraordinary and very positive precedent for CUs.

Online Resources Corp. has named a new president and chief executive officer.

While business loan demand gained strength in some cities, commercial lending remained weak in most districts, according to the June 9 Federal Reserve Board's Beige Book.

The ailing $140 million Bay Gulf Credit Union, of Tampa announced plans to merge with the $1.1 billion MidFlorida CU of Lakeland.

With more than 7.3 million Americans over the age of 65 admitting they have been financially swindled, state securities regulators are teaming up on a number of fronts to stop con artists in their tracks.