News

The "Triad Flight of Honor" which recognizes World War II veterans by providing them day trips to Washington is taking on a credit union mantra next week as a second North Carolina CU provides financing and a guide to participants.

Jack Henry & Associates is buying iPay Technologies for $300 million, the Missouri-based data processing and integrated technology company's largest acquisition yet, the company said.

Unitus Community Credit Union in Portland, Ore., has signed up as a user of the personal financial management, Web community and social media tools of Geezeo.

The $819 million Silver State Schools, is on the financial mend despite shedding five of its 21 branches and witnessing the high level departure of top executives, said the president of its lead insurer, American Share Insurance of Ohio.

Those banks that have started easing their commercial lending standards have done so in response to increased competition from other banks and nonbank sources, according to a recent Federal Reserve Board survey.

The top House Republican on financial issues is urging senators to wait 30 days after all amendments are approved before a final vote on the regulatory restructuring plan.