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The $84 million West Texas Credit Union recorded extreme changes in its financials since June 2008, back when it reported a healthy 12.00% net worth.

The NCUA insists it intends to hold WesCorp's distressed securities to maturity, but the May 1 announcement that the seized $20 billion

Will members of credit unions currently issuing their credit cards through TNB Card Services see higher fees and interest with Elan Financial Services?

The merger trend in Florida showed no signs of letting up last week with the troubled $220 million Sarasota Coastal CU entering merger talks with $650 million Achieva CU of Clearwater.

From Feb. 17 through May 1, 361 lenders that had not previously made a Small Business Administration loan since Oct. 2008 are now making 7(a) loans, the agency said. Of those lenders, 166 had not made a loan since at least 2007.

Economic hits and likely regulatory changes have made developing back-office collaboration essential if credit unions are to survive, according to a new report