News

Experts at Wolters Kluwer Financial Services have mixed predictions concerning the federal regulations financial organizations can expect to have to deal with in 2007.

Nine credit unions headquartered in Arizona have signed up with Allpoint Network, the nationwide ATM network that provides fee-free ATM services to cardholders, but charges a fee to financial institution participants.

Can the debit card, which has been widely praised as a substitute for frequent use of the credit card, actually promote overspending?

NCR Corporation, one of the leading ATM manufacturers, has rolled out a new program aimed at credit unions and community banks with ATM fleets between 10 and 350 machines.

NAFCU has written the Office of Management and Budget to comment on NCUA's submission of an information collection request.

The Office of Inspector General at the FDIC found that while its Division of Supervision and Consumer Protection cited a number of banks for significant compliance violations last year, it did not "adequately" ensure corrective measures were taken and most still received a high rating.