SUPERIOR, Wis. - For some poor parents, having a reliable car means being able to drop their children off at school or daycare so that they can go to work and stay employed. But often, spotty credit history and the inability to afford monthly payments are the biggest hurdles to...
BELLVUE, Wash. - One million new members will have access to custom, online portfolio-building thanks to a partnership between ShareBuilder Securities Corp. and six new credit union clients. The online-based investing and provider of e-finance solutions has secured alliances with Pennsylvania State Employees Credit Union (PSECU), Desert Schools Federal Credit...
BRONX, N.Y. - Some critics may call them strange bedfellows, but a check-cashing alliance between Bethex Federal Credit Union and RiteCheck Stores is the first of its kind in connecting those who don't have traditional financial services to checking and savings accounts. Bethex and RiteCheck, a Bronx-based check cashing store...
WASHINGTON - Hundreds of credit unions, banks and individual investors may have been bilked out of millions of dollars after purchasing what they thought were bank-issued, federally-insured certificates of deposit, according to the Securities and Exchange Commission. The SEC filed a civil lawsuit in federal court in Philadelphia on Oct....
MANCHESTER, N.H. - Thirteen community development staffers and board members are on their way to running more efficient credit unions and becoming better managers thanks to intensive development classes sponsored by the National Federation of Community Development Credit Unions. They are the first graduates of the NFCDCU's CDCU Institute, a...
FLINT, Mich - Employees at Dort Federal Credit Union experienced a small scare when someone discovered suspicious-looking white, powdery smudges on two office chairs last week. Luckily, the smudges turned out to be icing from a cake that an employee had brought in on the previous Friday but fire and...
WASHINGTON - As regulators clamp down on suspected bank accounts that may have ties to terrorist groups, a cautious approach has begun to educate consumers about the type of private financial information that can be shared and in those situations where their permission is not required. The Office of Foreign...
DENVER - Whether it's more convenient and cheaper to offer trust services through established firms or to share resources through a new cooperative network became the key question at a brainstorming meeting here between a number of interested players. More than a dozen representatives from trust entities, credit unions, credit...
AUGUSTA, Ga. - In this Southern town known for hosting golf tournaments and as the birthplace of soulster James Brown, some credit unions are merging to keep pace with competition and to stay alive. Augusta Industrial Federal Credit Union and Metro One Federal Credit Union officially completed its merger on...
RALEIGH, N.C. - More than 1,000 check-cashing outlets here were recently ordered to stop accepting post-dated checks and delayed deposits for payday loan transactions as state lawmakers failed to reach a compromise that would satisfy both the check cashing industry and consumer groups. General statute 53-281 of the Check Cashing...