News

The recent unveiling of the Treasury's public-private investment program could be yet another way to help boost investors' confidence, according to MEMBERS Capital Advisors.

NCUA Chairman Michael E. Fryzel today asked Congress to give his agency the $30 billion in emergency borrowing authority from the Treasury Department.

A Milwaukee judge could rule today on a state bankruptcy petition filed by Central States Mortgage Co., the Wauwatosa, Wis. CUSO, that abruptly halted mortgage originations and closed down operations March 9.

A pair of credit unions using an online account opening solution from MeridianLink said they are seeing an increase in membership.

An op-ed article in today's New York Times on the latest bank bailout outlined the "vast swath of new powers" that will be given to the FDIC by the Treasury and foresaw the possible demise of "obscure regulatory animals," including the NCUA.

The NCUA released an update on its activities at U.S. Central and WesCorp this week, after placing the two corporate credit unions into conservatorship one week ago today.