News

The $279 million PrimeWay FCU of Houston said this week it "is just waiting on the final paperwork" from the NCUA to complete a merger of the ailing $125 million TexasOne Community CU, also of Houston.

The Iowa Credit Union League and its counterpart the Iowa Bankers Association are running a joint op-ed this weekend in the Des Moines Register touting the consumer fallout should Congress enact the reg reform provision.

Applications to become the next top credit union executive have closed, and tomorrow the voting begins.

Fraudsters have gotten so efficient at creating, selling and deploying malware that one major Internet security firm now calls it "fraud-as-a-service."

Hudson Valley Federal Credit Union, which is suing the State of New York over the legality of the mortgage recording tax, is itself the subject of a lawsuit from members who had to pay the tax.

The SEC said ATM provider Diebold Inc. has agreed to settle an alleged fraudulent accounting case that inflated the company's earnings by at least $127 million.