Credit Union Times | Accurate and Timely CU News

WaMu Hangover Plays Well for Northwest CUs

By Jim Rubenstein

It's been nearly nine months since the collapse of Washington Mutual Bank of Seattle and its takeover by JPMorgan/Chase Bank and the still incomplete computer conversion is providing an image windfall for credit unions, CU leaders maintain.

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Corporate One Signs Deal With PSCU Financial Services

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Texas CUs Can Pick Favorite Payday Model

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June 09, 2009

Banks to Repay Some TARP Funds

The Treasury Department said yesterday it will allow 10 banks to repay $68 billion of the funds invested in them by the government under the Troubled Asset Relief Program.

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June 09, 2009

CUs Need to Handle Mortgage Questions Cautiously

An executive with the National Credit Union Foundation stressed that credit unions need to avoid offering their members direct advice on how to address problems on mortgages not with the credit union.

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June 09, 2009

Matz May Face Hurdle

It all depends on what the meaning of recently is. Debbie Matz, President Obama's nominee for chairman of the NCUA,

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June 09, 2009

Federation/Foundation Agreement Aims for Efficient Information Distribution

The recent agreement between two credit union organizations known for their work with lower income communities will link one's low-income work with the other's wide ranging credit union relationships.

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June 09, 2009

Texas Legislature Again Upholds Separate Credit Union Regulator

The Texas legislature has once again backed an independent regulator for credit unions.

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June 09, 2009

Loan Protection Product Study in the Works

A study of the credit union industry's use of loan protection products, such as credit insurance, mechanical breakdown insurance and guaranteed auto protection, is in the planning stages.

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June 09, 2009

WesCorp Consolidations Will Reduce Corporate's Expenses

Western Corporate Federal Credit Union's decision to close its paper processing facilities, which will result in 60 pink slips, is part of CEO Phillip Perkins' efforts to reduce costs for the struggling corporate.

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Top News Stories

WaMu Hangover Plays Well for Northwest CUs

Corporate One Signs Deal With PSCU Financial Services

Texas CUs Can Pick Favorite Payday Model

Recommended Just For You

News Stories

Banks to Repay Some TARP Funds

CUs Need to Handle Mortgage Questions Cautiously

Matz May Face Hurdle

Federation/Foundation Agreement Aims for Efficient Information Distribution

Texas Legislature Again Upholds Separate Credit Union Regulator

Loan Protection Product Study in the Works

WesCorp Consolidations Will Reduce Corporate's Expenses