In an ongoing effort to expand its presence in Florida, Eastern Financial Florida Credit Union has merged OMNI Community Credit Union into its fold effective today. Eastern Financial will now serve members in Duval, Clay, St. Johns, and Nassau counties in addition to Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough...

CUNA Mutual announced some restructuring moves yesterday primarily in its claims and customer service areas that will result in 50 layoffs.

With more than $32 million still owed to claimants impacted by a Ponzi scheme involving Bentley Financial Services, a last minute appeal by some of the defendants could stall distribution.

MBNA Canada, a credit-card issuing unit of Bank of America, is buying CUETS, the largest MasterCard issuer for credit unions in Canada.