News

According to the NCUA's newly released corporate securities summary, Western Corporate FCU's AAA-rated securities at the time of purchase didn't accurately reflect investment quality.

Michigan's Office of Financial and Insurance Regulation ordered an entity that claimed to be a credit union to stop doing business.

Wells Fargo & Co. announced today that in part because of the strength of its mortgage business, it plans to report a $3 billion net income for the first three months of 2009.

ANPR comments include a complete corporate system overhaul recommended by a consortium of 12 large credit unions.

The $450 million First Citizens' Federal Credit Union of New Bedford, Mass., will unveil a new logo, tagline and new colors Monday as it marks a calibrated effort to remake the CU into one more tech-oriented.

Seeking to aid the state's battered economy, Arizona State Credit Union said it has launched what it calls the "first ever social media Website" designed to assist laid off state, university and other employees find jobs.