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...

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...

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...