Credit Union Times | Accurate and Timely CU News

Northeast Community Waiting On Member Verdict

By David Morrison

HAVERHILL, Mass. -- The $97 million Northeast Community Credit Union is awaiting its members verdict on its proposed merger with Haverhill Bank.

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On-Site Coverage: Lawmakers Laud Credit Unions

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47 Texas CUs Still Non-Operational

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September 17, 2008

NCUA Announces 10th Federally Insured CU Closure

ALEXANDRIA, Va. -- The NCUA announced the 10th federally insured credit union closure in 2008 yesterday by placing Interfaith Federal Credit Union in East Orange, N.J., into liquidation.

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September 17, 2008

Fed Gives AIG $85 Billion Loan

WASHINGTON -- Fearing the shutdown of the nation's largest insurer, the Federal Reserve lent AIG $85 billion and gave the government a substantial stake in the company.

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September 17, 2008

Fed Gives AIG $85 Billion Loan

WASHINGTON -- Fearing the shutdown of the nation's largest insurer, the Federal Reserve lent AIG $85 billion and gave the government a substantial stake in the company.

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September 17, 2008

CUOL Hires New Data Center Director

WALTHAM, Mass. -- Credit Union On-Line Inc. has hired a new director of data center operations to help the center with its continuing growth, the CUSO said.

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September 17, 2008

CUOL Hires New Data Center Director

WALTHAM, Mass. -- Credit Union On-Line Inc. has hired a new director of data center operations to help the center with its continuing growth, the CUSO said.

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September 16, 2008

Simmons Is Re-Elected

PORTSMOUTH, N.H. -- Service Credit Union President/CEO Gordon A. Simmons was re-elected as chairman of the Defense Credit Union Council for the 2008-2009 term.

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September 16, 2008