News

The $3.5 billion Kinecta Federal Credit Union of Manhattan Beach, Calif., has become the first credit union user of a risk management and compliance software solution from Wolters Kluwer Financial Services of Minneapolis, the company said.

New York credit unions won fresh support this week from a favorable State Senate budget resolution and a new endorsement by Mayor Michael Bloomberg and the New York City Council.

In two separate workshops, a group of Pennsylvania credit union CEOs got an earful this week from a group of Gen Y students.

North Carolina locals can continue exploring North Carolina thanks to State Employees' Credit Union.

Gift cards sold on or after Aug. 22 must have at least five years until they expire and card issuers can't charge fees for replacing an expired certificate or card or for refunding the remaining balance.

Provisions of a regulatory reform bill aimed at increasing disclosure requirements for financial institutions and other providers of wire transfer services violate the Uniform Commercial Code and could prevent credit unions from offering those services.