Waiting game for credit unions and CUSOs by a patent litigation suit from London payments technology vendor Serverside Group.

In an ongoing move away from stand-alone shared branches, the Credit Union Service Co. of Virginia, a CUSO of the Virginia Credit Union League said it is closing its shared Portsmouth facility Sept. 17 in favor of the so-called outlet units.

Less than a month after issuing a cease and desist order, the NCUA conserved Borinquen Federal Credit Union of Philadelphia on Friday.