News

Affinity Federal Credit Union is allowing its members to flex some home equity muscle with its new 5/5/Flex closed-end, adjustable-rate loan.

In the end the trust between credit unions and credit union leaders played the key role in helping Wescom's CU Card Association win the purchase of Bethpage Federal Credit Union's credit card portfolio, according to Kirk Kordeleski, president/CEO of the $2.3 billion CU.

Mountain America Credit Union has opened the doors to a new Saratoga Springs, Utah branch. The two-day grand opening festivities included the chance to win a "money tree". "We're giving away a tree loaded with cash to one lucky person who can guess how much money is on the tree,"...

Prompted in part by the charter conversion effort taking place at the $320 million Lafayette Federal Credit Union, the largest CU in the state has taken steps to make any such move in its own future a good deal more difficult.

Andera Inc. is heading into 2007 with a client base nearly twice the size of a year earlier, the specialist in account opening funding technology says. A total of 103 financial institutions, including dozens of credit unions, now use the Providence-based company's solutions. During the past year, four new core...

Without admitting or denying fault, $127 million Beach Bank of Miami Beach, Fla. consented to civil money penalties totaling $800,000.