Credit Union Times | Accurate and Timely CU News

Michigan League Vows Backing for CD Stimulus Package

By Jim Rubenstein

LANSING, Mich. -- The Michigan Credit Union League pledged support Friday for Gov. Jennifer Granholm's economic stimulus package, calling a $150 million program of depositing funds into credit unions and banks a worthy endeavor particularly "when contemplating expanded financial counseling and small business lending" by CUs.

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NCUA Grants Realtors Charter for Their Own CU

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On Site Coverage: California League Announces Advocacy Campaign Budget Slash

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November 07, 2008

Investors May Lean More on Liquidity-Tied Investments

BOSTON -- As the markets continue to get back on track, investors may shift towards those investments that speak directly to their liquidity situation.

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November 07, 2008

SBA Ready to Make Transition to Obama Administration

WASHINGTON -- The Small Business Administration said it is committed to ensuring a smooth transition from President Bush's eight-year administration to the new one under President-elect Barack Obama.

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November 07, 2008

Unemployment Increases to 6.5%

WASHINGTON -- Unemployment rose to a 14-year high of 6.5% in October, as businesses cut 240,000 non-farm jobs, the Department of Labor reported today.

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November 07, 2008

Schwarzenegger Unveils Plan to Help Homeowners

SACRAMENTO -- In an attempt to combat foreclosures, Gov. Arnold Schwarzenegger has called for a 90-day moratorium on foreclosures.

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November 07, 2008

Bay Federal Credit Union Supports Local Businesses

CAPITOLA, Calif. -- In these tough economic times Bay Federal Credit Union is reminding consumers to 'Think Local First'.

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November 06, 2008

Truliant FCU $22,840 Grant to Aid Small Businesses

WINSTON-SALEM, N.C. -- To give a boost to entrepreneurs in rural and underserved areas in North Carolina and Virginia, Truliant Federal Credit Union has been awarded a $22,840 Innovation grant from the National Credit Union Foundation.

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November 06, 2008