News

WASHINGTON - West Hartford Credit Union today become the 14th federally insured credit union liquidated by the NCUA this year after it was closed by the Connecticut Department of Banking.

SACRAMENTO - A bill introduced Tuesday would require the California Department of Financial Institutions to consolidate back into the Department of Corporations, where credit union lobbyists fought so hard to separate it from just 10 years ago.

WASHINGTON - During the third quarter, 10% of all homeowners were in foreclosure or late in making mortgage payments, according to a report released today by the Mortgage Bankers Association.

APPLE VALLEY, Minn. -- Thanks in large part to serving its growing airline industry alliances, Wings Financial Federal Credit Union announced today that it has surpassed the $2 billion in asset mark.

TAMPA, Fla. -- MEMBERS Trust Company said today it received approval by Fannie Mae to be a seller and servicer of its reverse mortgages.

HOBOKEN, N.J. -- In light of the economic crisis, Credit Union Times has added a new category to its 2008 awards.