News

It's time to meet Beth and Paige, the personalities of Bethpage Federal Credit Union's new rebranding effort.

While money market accounts were the star of the savings show for most of 2009, individual retirement account balances made a steady rise at credit unions.

Senate Banking Committee Chairman Christopher Dodd said today lawmakers are on a "positive and optimistic track," in trying to reach an agreement on regulatory restructuring, but declined to discuss specifics of the bill he will introduce on Monday.

In a move apparently traced to the state's budget shortfall, the Missouri Highways and Transportation Commission voted this week to sever ties and fire employees at 10 small credit unions located in district offices across the state.

WASHINGTON -- Sen. Bob Corker said today before Senate Banking Committee Chairman Christopher Dodd decided to introduce his own bill, he and Dodd had reached an agreement that the new consumer regulatory entity would be housed in the Federal Reserve.

Addison Avenue FCU of Palo Alto, Calif. and First Tech CU, of Beaverton, Ore., are planning a consolidation this summer creating a $5 billion institution using the First Tech name.