News

The House Financial Services Committee reported out a bill that aims to prevent future mortgage-related abuses but has the potential to ensnare credit unions with additional regulatory burdens.

The losses at Huron River Area Credit Union may have already sunk the CU and the footsteps of a purchase and assumption may not be far behind. HRACU may well go the way of Norlarco Credit Union in Fort Collins, Colo., which the NCUA put up for sale to the...

Financial Plus Federal Credit Union recently kicked off its commercial lending program with a commercial mortgage to finance the expansion of a local small business.

During a panel of government officials and others testifying before the House Financial Services Committee Nov. 2, Treasury Under Secretary for Domestic Finance Robert K. Steel explained the administration's efforts to help stem the rising tide of foreclosures.

The bankers' three-year-old community chartering case involving Freedom Credit Union and TruMark Financial CU before the Pennsylvania Supreme Court is getting delayed again until next March.

After years of serial buying, Fiserv Inc. is selling.