News

NAFCU Preferred Partner Pentegra Retirement Services has teamed up with State Street Global Advisors to offer target retirement date funds to defined contribution plan participants.

One prominent credit union leader has said that NAFCU is past its prime while another values the unique voice that represents solely federal credit unions.

While much discussion regarding subprime lending has focused on direct loan portfolio risk, little has been said about another type of balance sheet exposure: mortgage-backed investments, which gained in popularity during the real estate boom.

It appears that stronger deposit relationships are fueling membership growth these days as credit unions continue to come off the indirect lending wave that brought in new members a few years ago.

TopLine Federal Credit Union is challenging local consumers to get better rates on credit.

Bankruptcy filings for the 12-month period ending June 30, 2007 increased from the 12-month periods ending in March 2007 and December 2006.