News

It looks very promising for two bills set to be signed by Michigan Gov. Jennifer Granholm that would allow credit unions to become members

A new joint venture between MEMBERS Capital Advisors and another Wisconsin-based investment firm is poised to not only offer more funds but also free up more time for asset managers to manage CUNA Mutual Group's general fund.

With more representatives being wooed away from investment firms lately, there's greater emphasis on establishing enforceable agreements on who owns a book of client business.

From Children's Miracle Network to benefit golf tournaments, credit union charities are feeling the effects of the NCUA assessment and the economic gloom.

The $238 million Midwest Corporate Credit Union will join the $1.5 billion Eastern Corporate Federal Credit Union in signing the NCUA's revised Corporate Credit Union Share Guarantee Program, President/CEO Doug Wolf told the Credit Union Times.

Federal Reserve Chairman Ben S. Bernanke told lawmakers today that recent data indicates that the "pace of contraction may be slowing'' and the economy could "turn up later this year."