News

The Obama administration's program to help people avoid foreclosures is on track to only help between 700,000 and 800,000 homeowners and not the 3 million to 4 million that officials targeted, a Congressional panel concluded in a report released today.

NCUA's proposed rule limiting CU membership to a single corporate is already drawing active industry response with more time being sought in line with surveys being taken by CUNA and NAFCU.

Former D. Edward Wells FCU President/CEO Carol Aranjo has been banned forever from participating in the affairs of any federally insured institution, the NCUA announced today.

Baby boomers in Canada may have unrealistic hopes about how much they can save in the few years before they retire but many are still optimistic about their personal financial situation.

Even though the federal pay freeze moving through Congress only applies to executive branch agencies, the NCUA Board should have it apply to the agency's employees, CUNA President/CEO Bill Cheney wrote NCUA Chairman Debbie Matz today.

NCUA's Inspector General believes that the $145 million Beehive Credit Union, headquartered in Salt Lake City, Utah, has failed or will fail, but the state regulator disagrees.