News

CHICAGO -- Card holders continued to add to their overall card balances in the second quarter, but card delinquencies continued to drop according to one of the nation's big three credit bureaus.

WASHINGTON -- U.S. Rep. Paul Kanjorski, one of the credit union movement's strongest allies on Capitol Hill, is down by nine points in his effort to win a 13th term, according to poll released this week by Franklin & Marshall College.

WASHINGTON -- In an attempt to slow the credit crunch, the Federal Reserve and several of its counterparts abroad pumped money into global markets today.

MADISON, Wis. -- The Federal Reserve's move to save American International Group probably did little to calm investor fears, but financial advisers continue to beat the drum for staying liquid and seeking out opportunities to augment long-term goals.

WASHINGTON -- In a widely expected move, a federal judge yesterday entered a remedy allowing three Harrisburg, Pa.-area credit unions to keep their new members but not recruit additional ones in their expanded field of membership.

FARMERS BRANCH, Texas -- Citing the urgency of helping victims of Hurricane Ike, the Texas Credit Union League and its foundation issued new industry appeals Wednesday for help on disaster relief.