Credit Union Management

WASHINGTON -- Even with troubled economy and economic uncertainty, the National Credit Union Foundation has announced that 1,000 credit union executives and supporters have purchased tickets to its annual awards dinner.

MADISON, Wis. -- As questions emerge on the details of the Treasury Department's economic stability plan, the stock markets may continue to roil.

CHICAGO -- The $5.6 billion Alliant Credit Union has tapped CUNA Brokerage Services Inc. as its financial advisory services partner.

MADISON, Wis. -- CUNA Mutual Group said its retirement plan service division has received top rankings in the 2008 401kExchange survey of 401(k) plan sponsors.

WILMINGTON, Del. -- Despite grim news from its parent company that 7,000 job cuts are scheduled, ING DIRECT said it is moving forward with its plans to grow ShareBuilder Corp.

LONGVIEW, Texas -- To break through the intimidation they may have felt at big-name investment firms, Paula McCauley at East Texas Professional Credit Union, has a four-prong approach.

WASHINGTON -- The SEC charged Gordon B. Grigg for allegedly defrauding clients out of at least $6.5 million and misrepresenting that their money was invested in the federal government's Troubled Asset Relief Program and other securities that do not exist.

BOSTON -- While employees continue to contribute to their 401(k) plans, the average workplace savings account balance dropped 27% in 2008 to $50,200 from $69,200 in 2007, according to Fidelity Investments.