Credit Union Times | Accurate and Timely CU News

Allco CU Stung by Subprime Mortgage Losses; Auto Leases, MBLs Also in Jeopardy

By Staff Writer

The subprime mortgage losses suffered by the stressed-out Allco Credit Union here have made the mainstream and CU trade press recently, but there is more fire amidst the smoke raised by a late June story in the Milwaukee Journal Sentinel.

Read Story

News

Wings Financial on MySpace

News

Wings Financial on MySpace

Recommended Just For You

News Stories

July 31, 2007

Sestak Makes 120 CURIA Co-Sponsors

Freshman Congressman Joe Sestak (D-Pa.) is the latest to sign onto the Credit Union Regulatory Improvements Act (H.R. 1537).

Read

July 31, 2007

CUNA Sponsors a Banker on Capitol Hill?

In an effort today to grab the attention of Capitol Hill staffers and members of Congress prior to the month-long August recess, CUNA brought a banker to Washington.

Read

July 31, 2007

CUNA Sponsors a Banker on Capitol Hill?

In an effort today to grab the attention of Capitol Hill staffers and members of Congress prior to the month-long August recess, CUNA brought a banker to Washington.

Read

July 31, 2007

New Motion in CD Scheme Further Delays $32 Million Distribution

The remaining $32 million due to credit unions, banks, individual investors and others as a result of a certificate of deposit Ponzi scheme has been held up yet again by a new motion filed by the defendants.

Read

July 31, 2007

Suncoast Schools FCU Lends Helping Hand to Local Children

Suncoast Schools Federal Credit Union has once again helped out area children through its Suncoast for Kids Foundation.

Read

July 31, 2007

Alliant Switches Processors

The 4.5 billion Alliant Credit Union, formerly the United Airlines Employees Credit Union, has moved its 46,000 credit card accounts from Fidelity National Information Services to PSCU Financial Services.

Read

July 31, 2007