News

There was little news revealed in NCUA's Virtual Town Hall today, as the regulator primarily focused on reviewing corporate stabilization events that have occurred so far.

Overall credit union loan growth may be stagnating, but CU credit card portfolios continued to grow in the second quarter of 2010, according to a leading card analytical firm.

Mid-Atlantic Corporate Federal Credit Union assured its members and the public of its viability Monday, stressing it "can continue to successfully serve our member credit unions."

Phishing gangs are apparently casting a wider net.

Calling it "a great victory for America's entrepreneurs," President Obama today signed a small business lending bill he hopes will help jumpstart the economy and create jobs.

CUNA, joined by state leagues, were in media damage control Monday to keep a lid on any more "credit union bailout" coverage of the type that hit online and in a handful of national outlets over the weekend following the corporate seizures.