News

A defaulted $1.5 million loan apparently made to non-members is firing up bankers' tax exemption talk.

CoastHills Federal Credit Union has rolled out what it says is the first integrated mobile marketing and banking smart phone application offered by a credit union.

The makeup of next year's CUNA board was taking shape Tuesday with one contingent of contenders already elected but at least three director seats remained in doubt amidst contested elections.

Neal Barofsky, the special inspector general for the troubled asset relief program, has written a highly critical evaluation of the U.S. Treasury's administration of efforts meant to help home owners remain in their homes.

The Senate Judiciary Committee on Thursday will discuss whether consumers facing foreclosure should have the option of having a mediation hearing.

The $341 million Consumers Credit Union has become the latest to start offering its members mortgages insured by the Federal Housing Administration. FHA insured mortgages are popular with many home buyers because of their more favorable terms.

Three credit unions notified the Federal Reserve Board about their card issuing in association with colleges or universities in 2009.

Sterne Agee, one of the oldest and largest privately owned investment banking firms in the country, will host a forum exclusively for credit unions today.