News

The Government Accountability Office study released today found that banks wrote off more $100 billion off their taxes in 2004 and took tax credits of another $6 billion.

In an ongoing effort to expand its presence in Florida, Eastern Financial Florida Credit Union has merged OMNI Community Credit Union into its fold effective today. Eastern Financial will now serve members in Duval, Clay, St. Johns, and Nassau counties in addition to Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough...

NASCUS announced a couple of additions today to the speakers scheduled for its Aug. 9-11 State System Summit in Fort Lauderdale, Fla.

New York Senator Thomas Morahan (R-Westchester/Rockland) has withdrawn his bill to tax federal credit unions in the state.

CUNA Mutual announced some restructuring moves yesterday primarily in its claims and customer service areas that will result in 50 layoffs.

With more than $32 million still owed to claimants impacted by a Ponzi scheme involving Bentley Financial Services, a last minute appeal by some of the defendants could stall distribution.