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INDIANAPOLIS, Ind. - A small North Carolina credit union has signed up as the first user of RDS' new Internet banking platform. East Coast Credit Union of Wilmington also is a new user of RDS' cuStar21 core data processing software. "The cuStar21 software's highly scalable solution will assist our institution...

ELLISVILLE, Miss. - Go ahead and call Lorena Matthews "a Southern gal." She didn't mind being teased with that nickname by her associates when she served as the last deputy administrator to the NCUA, and she doesn't mind it now. That was in 1977 and Lawrence Connell had been named...

WASHINGTON-Timothy Bitsberger has been nominated to the Treasury Department post of assistant secretary for financial markets. During his hearing before the Senate Finance Committee, Bitsberger explained why he should be confirmed to the position. He has served for more than two years as deputy assistant secretary for federal finance, where...

WASHINGTON - CUNA is seeking input from credit unions on NCUA's proposed member business loan rule that would enable them to participate more fully in the U.S. Small Business Administration loan programs. CUNA has posed three key questions on the proposal as it prepares its letter for NCUA: are there...

WASHINGTON - Credit unions can expect an additional $70.3 million in investment income thanks to the Federal Reserve Board's most recent rate hike. The increase is expected to come in the last half of the year from credit unions' short-term investments, going from a 1.00% yield to a 1.25% yield,...

WASHINGTON-Sixty members of Congress have put their names on the list of lawmakers supporting the Credit Union Regulatory Improvements Act (H.R. 3579). The credit union community has applauded the bill, which provides relief from certain regulatory burdens as well as modernizes credit union member business lending restrictions and establishes a...

VANCOUVER, British Columbia -- Maybe it was the cookies that did it. Or perhaps the dictionary. Recently the Canadian Broadcasting Corporation tapped VanCity Credit Union for its popular Back to the Floor, a reality television program showing what actually happens when the top executive and a line worker swap jobs....

As I write this, Senator Mike Crapo (R-Idaho) is putting together a regulatory relief package that he hopes to introduce prior to Congress recessing for its summer break. Senator Crapo has been tasked by Senate Banking Committee Chairman Richard Shelby (R-Ala.) to produce a bill similar to the House-passed reg...