WASHINGTON-CUNA wrote a letter to Federal Reserve Consumer and Community Affairs Director Sandra F. Braunstein recommending six credit union representatives to the Fed's Consumer Advisory Council. The council consists of credit union, bank, and thrift representatives from each of the 12 regions of the Federal Reserve System. "All of these...

BIRMINGHAM, Ala. - "Corporate America CU." No, that's not the new name for U.S. Central or for one of the larger corporates with a national presence - it's the new name for Alabama Corporate CU. So just why has this corporate, which for most of its existence has only served...

JAMESBURG, N.J. - The $3.9 billion Empire Corporate FCU's New Jersey item processing site was recently moved from Hightstown to Jamesburg. The new operations site has 9,500 square-feet of space, a training room for member use, and state-of-the-art computer and check processing rooms. The site's floor plan was designed with...

WASHINGTON - At some point the bottom of the Federal Reserve's rate-cut barrel is going to come along, but it wasn't this month. The Fed cut the fed funds rate by a quarter point, bringing it to 3.5%, the lowest rate for the fed funds in seven years. The cut...