WESTERVILLE, Ohio -- To say that Primary Financial, a CUSO owned by 27 corporate credit unions, including U.S. Central, had a record-breaking year in 2008 is an understatement.

SAN FRANCISCO -- The Financial Accounting Standards Board's Jan. 7 decision to make adjustments to fair value accounting rules won't affect credit unions much, but it's an important step in the right direction,

SAN DIEGO -- Sinking mortgage rates will help relieve unrealized loss pressures at corporates this year, said portfolio managers for the four largest corporates.

NEW YORK - Fitch Ratings Senior Director Ken Ritz said natural person CUs concerned about U.S. Central should pay closer attention to the Issuer Default Rating, rather the Individual Rating, which tumbled from an "A" to a "D".

NEW YORK - Fitch Ratings downgraded U.S. Central's Issuer Default Rating to "AA" from "AA+", blaming an expectation of additional investment losses "that are meaningful in relation to the company's capital base and earnings capacity."

LENEXA, Kan. -- Members of the $36 billion U.S. Central Federal Credit Union not only participated in the aggregate's Dec. 31 conversion of $450 million in membership capital shares to paid-in capital (PIC-II),

DALLAS -- Despite investment losses and budget cuts within the corporate system, Southwest Corporate Federal Credit Union is instead expanding its 2009 training schedule.

MADISON, Wis. -- Credit unions were feeling good about their increasing mortgage market share, but the product has started losing its spread.