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Happy Birthday Frank Sarver

As most of you know, FedComp got its start in 1982 at IBEW 968 FCU in Parkersburg, WV.  After retiring as a union electrician, my grandfather took over management of this small credit union.  He did everything by hand.  He had hand ledgers, calculated interest with a desktop calculator and once a quarter went through […]

Thanksgiving Wishes

Next week many of us will be celebrating Thanksgiving with our families. This tradition began during the founding of our new nation. It is recorded the Plymouth colonists and Wampanoag Indians in 1621 shared a feast in the autumn of the year to celebrate a bountiful corn harvest.  Today we acknowledged that day as the […]

International Credit Union Day – Oct. 20, 2016

International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948. The day is recognized to reflect upon the credit union movement's history and to promote its achievements. It is a day to honor those who have dedicated their lives to the movement, recognize the hard work of those working […]

FedComp signs up first chartered credit union in 2016

For Immediate Release: May 4, 2016 Jafari No-Interest CU in Texas is 1st federal charter of 2016 Fairfax, VA. (4 May 2016) – Fairfax, VA. based FedComp, a credit union core data processor provider, announced that it has been selected by Jafari No-Interest Credit Union, headquartered in Houston, TX, as its core processor provider. The […]

CU story sparks N.M. paper to run reg. burden editorial

CUNA News  March 31, 2016 ALBUQUERQUE, N.M. (3/31/16)–After publishing an article about the increasing regulatory burden on credit unions, the Albuquerque Journal followed it up with an editorial that supported credit unions’ concerns. In a Wednesday editorial headlined “Invasive government red tape choking institutions,” the Journal wrote that government is “constantly churning out more laws […]

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