News

NEW YORK -- Standard & Poor's Credit Analyst Robert B Hoban Jr. said negative ratings watches don't mean corporate credit unions are in jeopardy of the free-fall ratings downgrades other institutions have received in recent weeks.

WASHINGTON -- Chief Counsel for Advocacy Thomas M. Sullivan today announced that he will step down as head of the Office of Advocacy of the Small Business Administration.

WASHINGTON -- Chief Counsel for Advocacy Thomas M. Sullivan today announced that he will step down as head of the Office of Advocacy of the Small Business Administration.

CENTENNIAL, Colo. -- Centrix successor Peak5 is hoping one of two potential merger deals go through, so it can avoid raising rates or going out of business by year-end, said CEO Kevn Barry.

WASHINGTON -- President Bush emphasized that the amount of credit union deposits covered by federal share insurance would temporarily increase under the bill working its way through Congress.

FARMERS BRANCH, Texas -- Reminding CU leaders once again about the urgency of Hurricane Ike recovery, the Texas Credit Union League said Thursday it is pursuing a broad disaster aid program coupled with hiring a former associate of TV's Dr. Phil for CU counseling.