Francis Jamiel was so frustrated that the bank his Rhode Island shoe store had done business with for 30 years turned down his refinance request, he moved all of his accounts to Coastway Credit Union.

NAFCU Board Members Shelley Clarke, Cutler Dawson and Michael Parsons won election to three-year terms in balloting that ended Tuesday.

The Mortgage Bankers Association reported today that fixed-rate mortgages made to prime borrowers accounted for nearly one-third of new foreclosures during the first quarter of 2009.

eDOC Innovations said it has completed deploying its e-Document Strategy Solution at four more credit unions.