SEFCU, an Albany–based credit union, is planning a major expansion of its presence in the Syracuse area in the coming years.

The funding is part of the agency's Business and Industry Loan Guarantee Program. The program is meant to create jobs and promote private investment in rural areas, according to the USDA.

The legislation, the Small Business Lending Enhancement Act, would raise the cap on credit union business lending from 12.25 percent of an institution's total assets to 25 percent. It would also increase the minimum loan amount subject to the cap from $50,000 to $250,000.

ROME - Rome Savings Bank gave Charles Sprock a summer job in 1960.

In June, Sprock will celebrate his 49th year with the company - the last 29 of them as president and CEO.

"The summer job grew into an i

Since 2004, identity theft has victimized over 27 million Americans or one-tenth of the total U.S. population, according to Credit Union Magazine. Of that 27 million, almost 10 million Americans were victimized in 2008 alone.