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JACKSONVILLE, Fla. - Fidelity National Financial has bought another core processor, this one a community bank specialist, and is delaying the initial public offering of stock that would result in spinning off its IT operations into a separate company. FNF, a major provider of title insurance and mortgage processing services,...

WASHINGTON-Hundreds of credit union representatives packed into CUNA's Election Fair held last week at the Phoenix Park Hotel on Capitol Hill as part of CUNA's National Hike the Hill Month and to get some words of wisdom from those who know politics best. Trouble is, credit unions already know what...

ELKHART, Ind. - Bayer Federal Credit Union is finding the portable ATM operated on cellular service has become a popular new marketing vehicle particularly for remote locations at fairs and fairgrounds. The $235 million CU debuted the specially designed equipment Aug. 13 at the "Island of Blues Festival" and now...

OLYMPIA, Wash. - Tristram Coffin, president/CEO of Washington State Employees CU Service Company, was selected by the Puget Sound Business Journal as one of its "40 Under 40" leaders. Each year, the business weekly publishes a list recognizing regional leaders under 40 years old who they consider to be "rising...

WASHINGTON - The Fed made another 25 basis points increase last week bringing the fed funds rate to 1.75%. The Fed said in its statement that inflation is pretty well in check and will allow it to take a "measured" pace to adjusting rates. "The Committee perceives the upside and...

What is crystal clear to anyone involved with credit unions is that they are unique entities. It is also clear that only credit unions themselves can make the case for their uniqueness, especially to public officials and members of the press. I firmly believe credit unions must take on this...

WASHINGTON - While companies and organization increasingly rely on credit scores to make decisions on consumers, most Americans do not understand these critical pieces of information. Not only that, findings from a new survey from Consumer Federation of America and Providian Financial show most consumers don't understand what credit scores...

WASHINGTON-The House Financial Services Committee held a hearing last week entitled, "Legislative Proposals to Implement the Recommendations of the 9/11 Commission." The Sept. 22 hearing focused on strengthening title III of the USA PATRIOT Act to fight terrorism, according to a release from Committee Chairman Mike Oxley's (R-Ohio) office. The...