News

Community development credit unions and other low income credit unions that are allowed to use secondary capital may find a streamlined approach to getting some of that capital in the coming weeks.

Thanks to the NCUA's share guarantee program extension, the $8.2 billion Members United Corporate FCU is dropping its contract with rating agency Standard & Poor's.

In a move to better protect investors, the Securities and Exchange Commission said it is planning to improve the handling of whistleblower complaints and enforcement tips.

The 5300 Call Reports that credit unions file from now on will feature separate sections showing the impact on that credit union of their share of the payment to offset the costs of the NCUA's efforts to rescue the corporate credit unions.

John DuPree Sr, long time pioneer in the community development credit union movement and founder of the $1.3 million Shiloh of Alexandria Federal Credit Union, headquartered in Alexandria, VA, has died.

The recession and related economic conditions caused a 31% increase in bankruptcy filings last year, according to data released by the Administrative Office of the U.S. Courts today