News

With much of the rest of the mortgage industry in disarray, the Federal Housing Administration has found itself occupying an expanded market niche.

Foolproof, the financial literacy package being promoted nationally by the Credit Union Association of Colorado/Wyoming, picked up a new education backer and another state league Wednesday.

CHICAGO -- Conference planners don't typically expect a packed house on the final day of a three-day event, but this morning's sessions drew standing-room-only crowds at the AICPA's National Conference for Credit Unions here.

A former credit union that converted to a mutual bank charter is suing its former corporate credit union for $580,000 that the bank maintains it had on deposit with the corporate while it was a credit union.

National banks would have to comply with state consumer laws unless they get an exemption from their federal regulator, as a result of an amendment approved yesterday by the House Financial Services Committee.

Corporate America Credit Union filed a lawsuit yesterday in Alabama District Court claiming that management and volunteers of U.S. Central Federal Credit Union committed securities fraud.