News

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.

WASHINGTON -- Direct and indirect mortgage losses are hitting credit unions, but unlike banks, the latest financials report some good news, too.Topping the list of industry accomplishments revealed in Callahan & Associates' second quarter Trendwatch report was an all-time high in loan originations, $134.2 billion as of June 30. Leading...

GREENSBORO, N.C. -- The industry's safety and soundness message, promoted heavily since the IndyMac collapse, was undergoing refinements this month to push specific products and services as part of the campaign.

ALEXANDRIA, Va. -- Rules regarding flexibility in advertising for federally insured credit unions and the use of the Freedom of Information Act to attain information were clarified at last week's NCUA Board meeting.