Credit Union Times | Accurate and Timely CU News

Belco Community Member Lawsuit Without Merit, CUNA Mutual Defends

By Michelle A. Samaad

MADISON, Wis. -- A lawsuit filed by several Belco Community Credit Union members over claims of retirement fund losses through CUNA Brokerage Services Inc. is without merit and is more the result of a tumultuous marketplace, CUNA Mutual Group said.

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Large CU Execs Lobbying for CUNA-NAFCU Merger

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Members Claim Retirement Fund Loss in Belco Community CU Suit

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September 25, 2008

New Home Sales Down 11% in August

WASHINGTON -- Sales of new homes declined 11% in August from the previous month, the lowest level since 1991, and were 34.5% less than the levels in August 2007, the Commerce Department reported today.

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September 25, 2008

New Home Sales Down 11% in August

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September 25, 2008

CUs Included in Treasury Plan Agreement

WASHINGTON -- Credit unions would be eligible to participate in the Treasury Department's $700 billion illiquid asset purchase program under the agreement in principal that lawmakers announced today.

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September 25, 2008

Ike Relief Donations Top $250,000

FARMERS BRANCH, Texas -- Disaster relief donations for employee victims of Hurricane Ike have now soared past $250,000, the two major industry agencies collecting the funds reported Thursday.

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September 25, 2008

VISA, MasterCard Preparing for Next Card Trial

NEW YORK -- Lawyers for Visa, MasterCard and Discover are both preparing for the next credit card anti-trust trial and working to come up with a pre-trial settlement, according to card analysts and news outlets.

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September 25, 2008

VISA, MasterCard Preparing for Next Card Trial

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September 25, 2008

Member Skepticism of KV Charter Change Showing Up in Letters to Editor

AUGUSTA, Maine -- Members of the $51 million KV Federal Credit Union have been voicing their skepticism about a pending charter change and merger with a local bank in letters to the local press.

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Top News Stories

Belco Community Member Lawsuit Without Merit, CUNA Mutual Defends

Large CU Execs Lobbying for CUNA-NAFCU Merger

Members Claim Retirement Fund Loss in Belco Community CU Suit

Recommended Just For You

News Stories

New Home Sales Down 11% in August

New Home Sales Down 11% in August

CUs Included in Treasury Plan Agreement

Ike Relief Donations Top $250,000

VISA, MasterCard Preparing for Next Card Trial

VISA, MasterCard Preparing for Next Card Trial

Member Skepticism of KV Charter Change Showing Up in Letters to Editor