News

The SBA said it is working with President Obama and Congress to obtain funding to continue the agency's 7(a) program's 90% loan guarantee and fee reductions, which are set to last into December.

NCUA Board Chairman Debbie Matz has sent a letter to the Federal Housing Finance Agency, the regulator and conservator of Fannie Mae and Freddie Mac, seeking resolution of a dispute over some mortgages that credit unions complain were stolen.

Conceding that it is a "fine balance," NCUA Chairman Debbie Matz told two key lawmakers that the agency is modifying its examination standards to give credit unions more flexibility while being certain that safety and soundness standards are being met.

CUDL and the Minnesota Credit Union Network announced that they have entered into a marketing agreement.

The Texas Credit Union League Wednesday used today's Veteran's Day Celebration and holiday to once again pay special tribute to the victims of the Fort Hood shooting tragedy with a message appearing on its e-mail bulletin.

In an effort to increase credit union membership in rural Kenyan villages, the World Council of Credit Unions has introduced a laptop-anchored system that brings services directly to members.