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MIAMI—NYMBUS, a full-stack, API-driven core processing platform, has acquired R.C. Olmstead (RCO), developer of premier core data processing systems that provide flexibility and expansion capabilities to credit union customers.

WASHINGTON—Acting as receiver for five failed banks, the FDIC reported it has reached a $190-million settlement of certain residential mortgage-backed securities (RMBS) claims with Barclays Capital, BNP Paribas Securities, Credit Suisse Securities (USA), Deutsche Bank Securities,  Edward D. Jones & Co., Goldman Sachs, RBS Securities and UBS Securitie

When I write “Children’s Miracle Network” or “Credit Unions 4 Kids,” there’s little doubt that if your credit union career is longer than the initial meeting with HR you’ve heard of both organizations and are familiar with what they do.