Rep. Kendrick Meek (D-Fla.), who received $5,000 from both CUNA's and NAFCU's PACs in his fight for an open Senate seat, was projected to finish third by the Associated Press.
Political newcomer Rand Paul, a favorite of credit unions and the tea party movement, has won the U.S. Senate seat in Kentucky, according to Associated Press projections.
Sen. Richard Shelby, the top Republican on the Banking Committee, was easily re-elected to a fifth term, the Associated Press projected.
The SBA looked to the owners of a New Orleans seafood processor as an example of how the agency said it was not prepared to handle the deluge of relief requests after Hurricane Katrina.
Last night I was chatting with an old high school friend on Facebook who I hadn't spoken to in years. With the expansion of social media we were able to reconnect.
The recent attention on state budget cuts and their impact on financial oversight turned to Georgia last week as the state's top regulator and Georgia Credit Union Affiliates lamented the loss of examiners.
Georgia may be the nation's ground zero for having the highest number of bank failures-32-but state-chartered credit unions seem to be weathering the storm in good shape.
If California lawmakers don't settle their differences before April 15, homeowners who received mortgage modifications or lost their home to short sale or foreclosure, will see their 2009 tax bills increase exponentially.