Despite signs that the economy is coming out of a recession, consumers remain reluctant to spend money.

The SBA has appointed Esther Vassar as its new national ombudsman replacing Nick Owens, who previously served as NCUA external affairs director and special assistant to former NCUA Chairman JoAnn Johnson.

Robert Carr, CEO of Heartland Payment Systems, blamed his company's possibly record breaking card security breach that it revealed in January on the firms the company hired to audit its compliance with card data security standards.

League of Southeastern Credit Unions President/CEO Patrick LaPine and Alabama Credit Union Administrator T. Glenn Latham confirmed that the Mutual Savings CU Board and CEO have filed an injunction to block the conservatorship.