News

Will the NCUA seize the $35.7 million Certified FCU, which tumbled to -17.11% net worth as of June 30?

In separate statements, the NCUA and the $5.6 billion Security Service Federal Credit Union of San Antonio the failed $130 million Norbel CU of Fort Collins, Colo. has been officially merged into SSFCU.

The Bank of America has rolled out a new $10 million grant program to help nonprofit lenders aid small and rural businesses.

Credit unions which supposed their card programs with no annual fees would necessarily benefit over bank cards that carried annual fees may need to think again.

The economy may be improving but credit unions are still hurting and that's reflected in today's report on the NCUSIF.

After nearly two years at the helm, Tom Glatt, CEO of REALTORS Federal Credit Union, announced today that he will leave the post Aug. 1.