CHARLOTTE, N.C. - In a move which may strongly impact the market for credit union credit card portfolios, Bank of America has moved to purchase MBNA, the giant monoline card bank which has been a leader in the CU card portfolio market. Bank of America is offering MBNA stockholders a...

RANCHO CUCAMONGA. Calif. - CU Direct Lending recently announced the winners of its best practices awards for 2004. Awards were presented in two areas - best practices in operations and best practices in educating members - in each of three asset groups: $100 million or less, $101-$600 million, and $601...

JACKSONVILLE, Fla. - Fidelity Information Services (Fidelity), a division of Fidelity National Financial, Inc. has tossed its hat in offering Health Savings Account solutions to financial service organizations. HSAs are tax-free savings accounts that can be used to pay for medical expenses including prescription and over the counter drugs incurred...

The following piece was submitted by former Bucs FCU CEO and current Bucs Federal Bank CEO Herb Moltzan. In the controversy surrounding charter conversions, Moltzan said he wanted to put some reality behind the situation by giving a first-hand account of his real-life conversion experience. It's worth noting however that...