Sallie Mae made a shift last year when it introduced a high-yield, online savings account and online certificates of deposit.

Rutgers University Student Assembly members are taking a stand against the closing of a campus CU branch.

Epsilon is working with federal authorities and outside forensics experts to investigate the marketing firm’s recent e-mail address security breach, Epsilon parent company Alliance Data Systems Corp. said in a statement this week.

Marketing firm Epsilon, a third-party vendor that manages customer e-mail databases for more than 2,500 clients, said an unauthorized entry into its email system took place last week, reportedly compromising millions of clients’ customer names and e-mail addresses.

Sallie Mae announced that it will begin offering no-fee student checking accounts into which colleges and universities can directly disburse financial aid and tuition refunds owed to students.

When I was first asked to pen this column, my first thought was, why would someone from Gen Y make a conscious, informed decision to join a credit union?

Signs are cautiously pointing to an economic recovery nationwide. The national unemployment rate fell by one percentage point in the past year, and even in the hardest hit sand states, job outlook statistics improved.

A mortgage servicing settlement proposed by Iowa Attorney General Tom Miller is under intense scrutiny by several state attorneys general.