News

Six credit union CEOs, a league CEO and CUNA President/CEO Dan Mica were named today to the committee that will lead the search for Mica's successor.

America First Federal Credit Union of Utah maintained that it was well aware of the state's deepening financial problems when it bought into an NCUA-engineered merger of Community One of Las Vegas.

Certain parts of the country are struggling with a decline in commercial rent while others are seeing steadied vacancy rates, according to the Federal Reserve Board's latest Beige Book

Alabama's top credit union regulator accused the former management of the failed $193 million Mutual Savings Credit Union of Birmingham of misrepresenting loan loss and other data in the Alabama Credit Union Administration's July 31 seizure.

A greater percentage of Americans were in poverty last year and more lost their insurance coverage last year because if the recession, according to data released yesterday by the Census Bureau.

The federal government continued to run up substantial deficits last month though they were less than projected, the Treasury Department reported today.