SACRAMENTO, Calif.- The State of California has filed an appeal in the case that overturned a state law requiring personalized statements and call centers available during certain hours. The judge ruled in American Bankers Association v. Lockyer last year granting relief to the plaintiffs (lenders) from the legislation stating that...

IRMO, S.C. - It was introduced as a debate intended to shed light on common problems and issues shared by banks and credit unions and that both financial groups can work together on to resolve. But in the end, it was the issue of credit unions' tax exempt status that...

APPLETON, Wis. - Community First Credit Union was recognized last month as being the first credit union in the state to attain SBA Certified Lender status from the Small Business Administration. Community First CU has been involved with making SBA loans since 1999, and has been making business loans to...

PURCHASE, N.Y. - MasterCard is opening up the door for its members to form surcharge-free alliances. The association has adjusted its membership rules to allow Cirrus card issuers and Cirrus ATM acquirer financials to form agreements amongst each other allowing ATM withdrawals without accessing a fee. For years credit unions...