Credit Union Times | Accurate and Timely CU News

Fiserv Plans Joint CU Conference in 2009

By Marc Rapport

BROOKFIELD, Wis. - Fiserv Inc. plans to hold one users group meeting for all seven of its core processing units next year instead of seven individual conferences, the company said.

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GSE Debt Now Exceeds Treasury Debt by $1 Trillion

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Federation, Coalition Seek TARP Funds

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November 18, 2008

Senate Banking Panel Democrats to Bush: Address Foreclosure Crisis

WASHINGTON -- Sen. Chris Dodd (D-Conn.), chairman of the Senate Committee on Banking, Housing and Urban Affairs, along with other members of the committee, have sent a letter to President Bush urging administration to address the foreclosure crisis.

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November 18, 2008

SW Corp CEO Confidence Survey Sinks to an All-Time Low

DALLAS - Credit union CEOs aren't flying high over election results, according to Southwest Corporate's CU CEO Confidence Survey, taken the week immediately after the election.

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November 18, 2008

HARP Based, In Part, On CU Housing RoundTable's Proposal

WASHINGTON -- The CU Housing RoundTable's October 21 meeting with NCUA Chairman Michael Fryzel was apparently a fruitful one.

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November 18, 2008

Mortgage Interest Rates Decline

MCLEAN, Va. -- A weak job market-described by some as the worst market in 14 years for job seekers-has caused interest rates to decline.

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November 18, 2008

NAFCU Praises NCUA Mortgage Plan

WASHINGTON -- NAFCU praised the plan unveiled yesterday by NCUA Chairman Michael E. Fryzel to use $2 billion from the Central Liquidity Fund to pay for mortgage relief for low-and middle-income credit union members.

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November 18, 2008

Fryzel Asks Congress for Money for TARP Program

WASHINGTON - NCUA Chairman Michael E. Fryzel today asked Congress for money to help his agency set up a program for the agency to buy troubled assets from credit unions.

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November 18, 2008