News

HARRISBURG, Pa. -- Pennsylvania credit unions are being forced to emphasize account safety as a result of the Bear Stearns rescue, the Pennsylvania Credit Union Association observed Friday.

FEDERAL WAY, Wash. -- Joining CUNA's hard-line campaign to defeat the Treasury's regulatory reorganization plan, the head of the Washington Credit Union League Friday called the package "inexcusable" and badly flawed but finds there are positives and CU opportunities since "re-regulation is inevitable."

COLLINSVILLE, Ill. -- Scott Credit Union is getting area kids excited about savings with its new Big Barkers Kidz Club.

WASHINGTON -- CUNA has filed a Freedom of Information Act request for documents submitted to the U.S. Treasury Department from banking associations as part of the process to develop the Department's recent proposal for sweeping regulatory overhaul.

WASHINGTON -- CUNA has filed a Freedom of Information Act request for documents submitted to the U.S. Treasury Department from banking associations as part of the process to develop the Department's recent proposal for sweeping regulatory overhaul.

WASHINGTON -- More than 15 civil rights, consumer and housing groups joined together to issue a statement condemning the U.S. Senate for refusing to include changes in the bankruptcy code in the Foreclosure Prevention Act.

WASHINGTON -- Officials of the Federal Reserve, the Securities and Exchange Commission and the Treasury Department faced stark question about their respective roles and responsibilities in organizing the buy-out of Bear, Stearns by JPMorgan Chase three weeks ago.

WASHINGTON -- Seeing strong Republican opposition to allowing bankruptcy judges to alter terms on the mortgages of primary homeowners--as they are already empowered to do for vacation homes, yachts and investment properties--Senator Dick Durbin (D-Ill.) withdrew his amendment to the housing bill late yesterday.