News

More than 70 members turned out for Continental Federal Credit Union's annual meeting on March 27 to hear enhancements they can expect going forward and how a merger with $1.6 billion Wings Financial Federal Credit Union would have been a "direct threat" to the CU's future. "Looking ahead, we are...

The California/Nevada Credit Union Leagues have now joined the industry chorus lambasting the hostile takeover bid of Minneapolis-based Wings Financial Federal Credit Union to merge with Continental Federal Credit Union of El Segundo.

The $6.8 billion Orange County Teachers Federal Credit Union is using a fleet of 258 ATMs to reach the parts of membership that are spread through rural areas in its large field of membership.

For many members of Generation Y, a car is their first large purchase and GrooveCar is reaching out to the group with buying, selling, leasing and financing education in the form of a blog.

Legislation to reform the government sponsored enterprises was still being marked up at press time last week, but one provision supported by NAFCU had been accepted by the committee.

While the National Association of Realtors reported the largest monthly rise in home sales in three years during the month of February that gain was prior to concerns over the subprime market struck.