News

MADISON, Wis. -- CUNA Mutual Group said Monday more than 200 Gulf Coast credit have now reported some type of loss from Hurricane Ike with about 20 of those preparing to file claims for "significant damage."

NEW YORK -- Nervous investors reacting to the news of the rejected financial system rescue plan sent stocks tumbling this afternoon.

SEATTLE -- An informal, but high profile think tank of credit unions and trade organizations will meet here Oct. 16 to discuss, among other things, the best way set up an CU industry-controlled secondary mortgage market.

WASHINGTON -- Despite pleas from the president and leaders of both parties, by a 228-205 vote, the House today voted down a $700 billion plan to have the government buy illiquid assets from financial institutions, including credit unions.

WASHINGTON -- Despite pleas from the president and leaders of both parties, by a 228-205 vote, the House today voted down a $700 billion plan to have the government buy illiquid assets from financial institutions, including credit unions.

NEW YORK -- The SVPCO Image Payments Network now includes Southwest Corporate Federal Credit Union and its 1,500 member credit unions, the company and credit union said.