News

SAN DIMAS, Calif. -- Western Corporate and Members United Corporate reacted to news that Standard & Poor's has placed them on CreditWatch negative by focusing on the ratings agency's reassuring words about their financial health and liquidity, and reminders that their stellar ratings weren't downgraded.

PARCHMENT, Mich.--First Community Federal Credit Union has been singled out for a 2008 American Graphic Design Award.

VANCOUVER, Wash. -- Small and medium-sized credit unions, given constraints on asset growth, should keep an open mind to the merger option regardless of the upheaval in financial markets.

LAKE JACKSON, Texas -- Texas Dow Employees Credit Union President/CEO Edward Speed was stunned, but not speechless, by FDIC complaints and a cease and desist order from the Texas Credit Union Commissioner regarding the CUs safe and sound campaign.

WASHINGTON -- Fannie Mae and Freddie Mac should be liquidated, the Shadow Financial Regulatory Committee has advised.

MADISON, Wis. -- MATC Credit Union has announced plans to merge into UW Credit Union.