MADISON, Wis. - While it is still too early to have any figures in terms of claim amounts in the aftermath of Hurricane Charley, CUNA Mutual Media Relations Manager Phil Tschudy says that so far most damage reports include wind damage to building interiors, water damage and power outages. One...

BATON ROUGE, La. - Beginning this month, Louisiana becomes the first state to limit the amount dealers can raise interest rates on vehicle loans above the wholesale rates they get from lenders. In June, the Louisiana legislature passed a law capping interest rate markups at three percentage points. The law...

PURCHASE, N.Y. - Some Dallas and New York metropolitan area McDonald's restaurants will start accepting MasterCard's Paypass Pay product at the end of this year, McDonalds and MasterCard have announced. MasterCard's PayPass is a new "contactless" payment option utilizing radio frequency technology, the companies said. MasterCard PayPass cardholders can make...

EUGENE, Ore. - The spotlight on credit union CEO compensation at Oregon credit unions continues to shine, and one credit union decided to take the unprecedented step of voluntarily informing members of the CEO's compensation. The $548 million SELCO Credit Union based in Eugene, Oregon mailed a letter to its...