News

Call it a sign of the down economy and California's shifting real estate market. The $7.5 billion The Golden 1 Credit Union has announced that it will start writing mortgages eligible for insurance from the Federal Housing Authority.

An executive with the Center for Responsible Lending applauded the NCUA's most recent guidance to federal credit unions on payday lending, but said he expected implementing it to take time.

The housing market continued to show signs of improvement as pending home sales increased 3.6% in June, the National Association of Realtors reported today. It was the fifth consecutive monthly rise.

Liberty Bay Credit Union's new spokesperson is no stranger to locals.

U.S. Central Federal Credit Union's $470 million second quarter net loss will force Members United Federal Credit Union to record an additional $81 million hit to its own member capital shares.

The $1.8 billion Kern Schools Federal Credit Union has sold its credit card portfolio to FIA Card Services, a subsidiary of Bank of America.