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.

Southeast Corporate Federal Credit Union is among the lucky wholesale credit unions that don't face an immediate need to recapitalize.

NCUA officials have repeatedly said they want credit unions to determine the future structure of the corporate system.

The $8.4 billion Members United Corporate FCU has shed its ATM and debit card program SHARE SYSTEM, calling the service "unsustainable over the long term."

U.S. District Judge Inge Johnson advanced U.S. Central Federal Credit Union's fraud securities suit into discovery phase on March 2 when she denied the so-called "director defendants" motion to dismiss.

Poland's successful credit union movement will have representation among President Lech Kaczynski's advisers, as part of the newly created National Development Council.

An NCUA Feb. 25 online posting mistake revealed previously confidential negotiations between disposed U.S. Central FCU Executive Vice President David Dickens, U.S. Central and the regulator.

Eastern Corporate Federal Credit Union President/CEO Jane Melchionda has accused U.S. Central Federal Credit Union of withholding crucial information from its members in her Part 704 comment letter.