Credit Union Times | Accurate and Timely CU News

'Invest' Auto Plan Going Nationwide

By Jim Rubenstein

LANSING, Mich. -- Ahead of its timetable, the "Invest in America" auto financing program of the Michigan Credit Union League in a team-up with General Motors Corp. and Chrysler is now going nationwide.

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Corporate One FCU Books What Seems to Be a Bizarro Year

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'Invest' Plan Already Showing Sales Boost, Say Automakers

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January 06, 2009

Past Year Took its Toll on Texans CU CEO

RICHARDSON, Texas -- The financial losses Texans Credit Union experienced in 2008 "started to take a toll" on President/CEO David Addison, who announced yesterday he would resign, said Mike Sauer, interim CEO and 16-year board member.

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January 06, 2009

Nearly 5% of Miami-Dade Homes in Foreclosure

MIAMI - Default Research (http://www.defaultresearch.com) is reporting that South Florida lenders filed 101,000 foreclosure-related lis pendens in 2008. Miami-Dade County led the region with 47,672, representing 4.91% of total households.

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January 06, 2009

LPL Financial Layoffs Will Not Impact CUs

BOSTON -- Broker-dealer LPL Financial Corp. said to streamline operational costs, it will have to reduce its staff by 10% however the division that serves credit unions will not be affected.

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January 06, 2009

Maine CU League Opens Dialog on Credit Availability

AUGUSTA, Maine -- As a new state legislature takes office, Maine credit unions are optimistic about developing relationships with lawmakers, including contacts with the Business, Research and Economic Development Committee,

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January 06, 2009

Ascend FCU Garners National Spotlight by Besting BofA

TULLAHOMA, Tenn. -- Ascend Federal Credit Union recently received national media attention when a frustrated Bank of America credit card holder closed her account.

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January 06, 2009

Kenyan CU Development Boils Down to AIDS and a New Rice Crop

MADISON, Wis. -- Many American credit union managers may be faced with financial do-or-die decisions this year, but the dire situation for Kenya's credit unions is literally do-or-die.

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January 06, 2009

CUs Have More Leeway in Reporting Suspicious Transactions

WASHINGTON -- Federally insured credit unions will no longer have to report certain financial transactions over $10,000, as a result of amendments to the Bank Secrecy Act, which take effect Jan. 5.

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Top News Stories

'Invest' Auto Plan Going Nationwide

Corporate One FCU Books What Seems to Be a Bizarro Year

'Invest' Plan Already Showing Sales Boost, Say Automakers

Recommended Just For You

News Stories

Past Year Took its Toll on Texans CU CEO

Nearly 5% of Miami-Dade Homes in Foreclosure

LPL Financial Layoffs Will Not Impact CUs

Maine CU League Opens Dialog on Credit Availability

Ascend FCU Garners National Spotlight by Besting BofA

Kenyan CU Development Boils Down to AIDS and a New Rice Crop

CUs Have More Leeway in Reporting Suspicious Transactions