News

The $8.15 billion Members United Corporate FCU's June portfolio update, released late today, showed a $1 million June profit that increased retained earnings to $9.6 million.

Former Arrowhead Central Credit Union President/CEO Larry Sharp said the NCUA refused four consecutive net worth restoration plans because Arrowhead management was "too optimistic" in its forecasting.

The Credit Union Mortgage Alliance Network's plans to expand nationwide will be guided with the aid of a new president and vice president.

Belvoir Federal Credit Union has found a rewards program aimed at increased lending has been having an impact.

Pen Air Federal Credit Union has joined forces with lending solutions provider CUDL. The partnership with the over $1 billion credit union further expands CUDL's reach in Florida's Panhandle.

In a late-night session and after extensive procedural maneuverings, the Senate last night approved a $30 billion fund that community banks can access to fund more business loans