When Check 21 became law in 2003, credit unions grumbled about the costs and time needed to implement the required imaging technology.

An estimated 0.15% share insurance premium for 2009 represents a decrease from the NCUA's earlier 0.30% estimate.

Optimists hoping the NCUA's estimated $5.9 billion corporate stabilization price tag is too high received bad news during the regulator's webcast this afternoon: losses on mortgage backed securities could climb even higher.

Calling corporate liquidity "stable but tenuous," Office of Corporate Credit Unions Director Scott Hunt today requested support from member credit unions to increase shares deposited in the wholesale system.

Earlier this month, Eastern Corporate Federal Credit Union discreetly completed a $17.7 million Perpetual Paid-In Capital II subscription offer,

Michael J. McGrath Jr., former president of defunct U.S. Mortgage Corp. and its subsidiary CU National Mortgage,

A May 2009 survey conducted by the National Foundation for Credit Counseling reveals that almost half of all American adults, more than 100 million people, no longer believe that homeownership is a realistic way to build wealth.

National Credit Union Roundtable members organizing an effort to catalogue and analyze securities held by U.S. Central FCU and Western Corporate FCU don't doubt the NCUA's reported loss estimates.