News

Stephen White, president/CEO of Westerly Community Credit Union, has been elected to the board of directors at Northeast Member Business Services LLC.

With just weeks left to go on its WeLiveFit! $10,000 challenge to the family who saved the most this year, Florida Commerce Credit Union is already looking for new families for next year's contest.

Credit unions dodged a bullet on Capitol Hill today when the House defeated an amendment by House Judiciary Committee Chairman John Conyers (D-Mich.) that would have given bankruptcy judges the power to rewrite the terms of mortgages.

News that the International Accounting Standards Board and Federal Accounting Standards Board might reconsider some mark-to-market accounting rules is good news for corporate credit unions.

On a mostly party-line vote, the House today approved legislation that would dramatically revamp the way the government regulates financial services.

CIT Group Inc. said today it has emerged from Chapter 11 bankruptcy.