Military Credit Unions Dodge Bullet in Defense Bill

Congressional negotiators have dropped a provision from the annual defense authorization bill that would have made it easier for banks to acquire rent-free space on military bases—a benefit already provided to credit unions. House and Senate conferees announced...

Consumers’ Love Affair With Cars Remains Steamy

Me, as happy as can be in my newly-purchased car back in 2007 in Lake Charles, La. My car has been my baby for the past nine years. When the Volkswagen New Beetle came out when I was in high school in the late ’90s, I fell in love. It was so cute! I made do with...

Credit Union Hostage Situation Ends in Florida

Eleven hostages were released from a Community First Credit Union bank branch in Jacksonville Fla. after a man with a gun walked in the branch at about 9 a.m., according to the Jacksonville Sheriff’s Office. The hostages were released at about 11 a.m. and the...

NCUA Bans Four Former CU Employees

The NCUA Wednesday banned four former credit union employees who were convicted of theft or embezzlement. Sonja L. Matos, a former employee who worked in the risk management/card services ATM department for the $1.2 billion Corning Federal Credit Union in Corning,...