Pennsylvania became the 24th state (including the District of Columbia) to legalize medical marijuana after Democratic Governor Tom Wolf signed a bill over the weekend, but CUs aren’t lining up to serve these now-legitimate businesses.

The U.S. Postal Service is neglecting its profitable money-order business, which has lost 25% of its sales volume over the last five years. Big changes are needed to revive the product, according to a new report.

Florida Credit Unions Shared Services announced a $602,776 patronage rebate and dividend to its participating CUs and stockholders in 2015.

Cyberthieves using malicious software discovered by IBM Security have stolen $4 million from business customers of two dozen financial services providers this month, IBM said.

A behind-the-scenes credit union veteran will go from being NCUA Chairman Debbie Matz’ right-hand man to serving in a similar position for Pentagon FCU CEO James Schenck.

With the latest recovery of losses related to the failed corporates brings agency another step closer to being able to issue rebates to credit unions from the corporate stabilization fund.

It sounds like a bad idea to seat customers in front of a screen to open accounts or get other higher-level services from remote banking officers, but BluCurrent Credit Union in Springfield, Mo., turned to video banking to cure its branch traffic woes and its members seem to like it.

The National Credit Union Administration quietly announced Thursday a meeting to discuss a re-proposed executive compensation rule — one of the last and most important unfinished regulations in Dodd-Frank.

As CUs have added more c-level positions, they may be too focused on hiring the right person for the right job today without thought for tomorrow.

The good news is, most credit union service organizations reported the process was relatively smooth. The big question now: how will the agency use all that data it just collected?

With college graduation right around the corner, some credit unions are gearing up to appeal to the latest crop of job seekers who bring both a youthful perspective and a newly minted degree to the table.

Even while FHFA finally embarked on a principal reduction plan, critics argued it was a dangerous idea that made Fannie Mae and Freddie Mac less safe while helping relatively few people.

Credit unions watching closely as they wait to see what sort of supplemental capital proposal will come out of the National Credit Union Administration.

Most credit unions already have the data they need to anticipate a member business's ability to service debt, but they might not be leveraging that information to the fullest, according to one expert.

The inadvertent downloading of thousands of consumer records to a thumb drive at the FDIC could happen anywhere. Here's a look at what the agency did right and what it could have done better.

The Rye, N.Y.-based credit union has managed to reduce its mobile banking abandonment rate by some 45%.

PrimeWay promotes chief culture officer, PR manager and SVP-lending, and other CU advocates in the news.

After $29 million offer to resolve claims arising from losses over residential mortgage-backed securities, court's prejudgment interest pushes the total the Swiss banking giant owes the regulator to $50.3 million — so far.

The Credit Union National Association has released a new Financial Flash entitled “Concentration Risk: Guidance on Policy and Metrics.”

Xceed Financial Credit Union will transition its in-house DNA account processing to a Fiserv-hosted data center to expand its strategic opportunities and focus on members.