The recession continues to wreak havoc on a handful of Latino credit unions, including at least two community development CUs.

The $50 million Oregon Territory FCU of Salem will merge with $439 million Rivermark Community Credit Union of Beaverton, Ore., the surviving CU announced today.

In the latest example of trade group economizing, the Missouri Credit Union Association and the Oklahoma Credit Union League have scheduled a joint fall leadership conference and expo in Branson, Mo.

SEG-based credit unions in Oregon have been given expanded power to switch to a community and still keep their SEGS under a new law signed by Gov. Ted Kulongoski.

Taking its economic lumps following an $8 million loss in 2008, the $520 million Greater Nevada Credit Union confirmed Monday it has closed two branches and laid off 27 employees with a work force now down "to less than 200."

Responding to urgent appeals from a Denver food bank, Colorado credit unions acted quickly to organize a statewide food drive to help stock the shelves.

First Tech CU may have gone nuts with its squirrely new marketing campaign.

The number of consumers reaching out for financial counseling services continues to skyrocket in 2009 with requests on housing and bankruptcies hitting unprecedented levels, the National Foundation for Credit Counseling said today.