LATHAM, N.Y. -- The $334 million Island Federal Credit Union has signed on with Covera, the card and payments processor associated with the New York Credit Union League, to process its debit transactions and obtain surcharge free ATM access through CO-OP Financial Services.

SACRAMENTO, Calif. -- To help connect lower-income, unbanked Californians to mainstream financial products and services, Gov. Arnold Schwarzenegger said today his office has launched the Bank on California initiative.

WASHINGTON -- Credit union lobbyists are working hard to see if they can attach different parts of the Credit Union Regulatory Improvements Act to whatever economic stimulus package that might be coming down the pike.