News

LANSING, Mich. -- The Michigan Economic Development Corp. said it has earmarked several projects across the state that aim to help 15 companies grow, create and retain 9,495 new jobs and generate more than $658 million in new investments.

WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke Jr. said today that he still thinks inflation will subside and doesn't anticipate any rise interest rates in the near term.

ARLINGTON, Va. -- Card processing executives and card experts credit a mixture of better card management and the current economic slowdown for fueling the strong growth in credit union card portfolio balances.

NEW YORK -- More than 250 commercial banking executives in a recent survey ranked customers knowing they have more bargaining power than ever before as the most critical challenge facing their banks.

APPLETON, Wis. -- Linda Kennedy has been hired as the new CEO of Business Lending Services LLC, a joint venture between Business Lending Group and Corporate Central Credit Union.

JACKSONVILLE, Fla. -- Tower Federal Credit Union and Dow Chemical Employees' Credit Union are now processing their credit cards on the Base2000 platform from Fidelity National Information Services Inc., the company said.