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MONETT, Mo.- Jack Henry & Associates, parent company of credit union data processor Symitar Systems, has moved further towards acquiring Select Payment Processing, Inc., provider of electronic check processing solution for financials institutions. The acquisition is pending Select Payment's shareholder approval, which is expected within the coming weeks. Select Payment's...

WEST PALM BEACH, Fla. - Experts estimate that heath care premiums will continue to be in the double digits, which puts finding the right health care plan mix at the top of many credit union HR departments' to-do list. Credit unions are not alone. According to a recent Society of...

ALEXANDRIA, Va. - NCUA has reiterated its support of extending the safekeeping and custodial exemption to federal credit unions under the SEC's broker/dealer exemption proposal and its support for earlier, similar rules go back more than three years. NCUA Chairman JoAnn Johnson recently reminded the SEC of a comment letter...

ATLANTA - In a race to avoid having to file for bankruptcy, Delta Air Lines announced on Sept. 8 that it will cut up to 7,000 jobs over the next 18 months. A Delta Employees Credit Union (DECU) spokesperson offered no comment on the airline's financial troubles. A "safety and...

WASHINGTON-A Bankers System survey has found that the most commonly cited compliance issue for credit unions is simply the sheer volume of changes to regulations. The 300 higher level credit union respondents, with an average of 22.6 years experience, were asked two open-ended questions to garner what truly are the...

South Carolina Federal Credit Union, North Charleston, Chief Audit Officer Anne Evenson Rajanen has received the honorary title of Director Emeritus of the Association of Credit Union Internal for her more than 15 years of dedication as an internal audit professional and member of the ACUIA board. She served as...

Steel Works Community Federal Credit Union, Weirton, W.Va., has promoted Stanley S. Czahoroski to vice president of finance. In addition, SWCFCU has named John C. Peterman controller.

OTTAWA, Ill. - The demise of small Illinois credit unions - and its political and financial repercussions - emerged last week as a prime topic of CU discussion following comments about the industry's economic health by the state's new Director of the Division of Financial Institutions Michele Latz. "Some of...