Poor recordkeeping and unsafe loan practices are among the conditions that officials of Kappa Alpha Psi Federal Credit Union agreed to improve in a letter of understanding and agreement with the NCUA.

Fiserv Inc. said its CheckFree RXP online bill pay service has partnered with MoneyGram International to allow integrated same-day payments to more than 100 national and regional companies through financial institution websites.

The Office of Thrift Supervision has reached an agreement with Woodforest Bank of Texas to pay a penalty of $400,000 and to refund an additional $12 million back to consumers who were charged excessive fees for overdraft protection.