News

Former Lafayette Federal Credit Union CEO Bill Brooks said he thinks Arrowhead Central Credit Union's board should have filed a formal objection to the NCUA's June 25 conservatorship.

NCUA Chairman Debbie Matz attended the first meeting of a committee that will probably cause her agency to lose personnel.

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.