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DENVER - First Data Corporation and Concord EFS sealed their merger on February 26 after a majority of Memphis, Tennessee-based Concord stockholders voted in favor of the deal. First Data stockholders had already approved the deal. "We are delighted to complete the merger between First Data and Concord. The new...

ALEXANDRIA, Va.-Federal credit unions have the authority to make charitable contributions to other credit unions, according to a recent legal opinion letter (04-0223) from NCUA Associate General Counsel Sheila Albin. In response to an inquiry from the Pennsylvania Credit Union Association Senior Vice President and General Counsel Richard T. Wargo,...

BROOKFIELD, Wis. - In credit union land, core processing giant Fiserv is not normally thought of as an Internet banking vendor, but the company says it's pushing that functionality hard on the bank and thrift side. Fiserv said sales of its consumer and business Internet banking platforms - Premierecom and...

WEST PALM BEACH, Fla. - The battle between Democratic presidential candidates doesn't mean much for credit unions based on the results of Credit Union Times just expired voting poll. The poll question asked which Democratic candidate would have the most impact on credit unions if he went on to become...

MADISON, Wis. - Reflecting apparent new interest in check cashing services to aid the unbanked, 51 Wisconsin credit unions now have authority from the state's Office of Credit Unions to offer such services to non-members. Of the 51, the Wisconsin Credit Union League estimates only about 20 are now offering...

WASHINGTON- CUNA and NAFCU met recently at CUNA's Governmental Affairs Conference to discuss some priority issues for each of them. CUNA and NAFCU caucused under the auspices of the National Credit Union Legislative and Regulatory Coordinating Council, which was initiated at the time of the AT&T Family FCU case and...

VANCOUVER, Wash. - Washington State Superior Court Judge Roger Bennett has ruled in favor of Save CCU and has ordered Columbia CU to hold the special meeting that Save CCU petitioned for which could result in the recall of eight members of Columbia's nine-person board. The judge ordered the credit...

"Credit unions should be watchful of who they partner with. Be sure it's (an entity) that's either credit union-owned or close to the mission of credit unions. But there's still room for everyone to be successful." - Robert Hoefer, president/CEO of $327 million Dupaco Community Credit Union on trust service...