Fresh Today

Fresh Today

COLUMBUS, Ohio–The $548-million Telhio CU here has signed a long-term agreement with PSCU to provide its approximately 50,000 members with overflow and after-hours phone support as the credit union undergoes an online banking conversion this spring and a data processing core conversion at the end of September.

NEW YORK–A federal judge has dismissed nearly all of a lawsuit against Bank of America and US Bancorp that had been filed by NCUA and which sought to hold the two banks liable for losses on roughly $6.8 billion in toxic mortgage securities that helped drive five corporate CUs into conservatorship.