News

More than $25 million in alleged fraudulent loans authorized by William Liddle, the former vice president of business services at AEA Federal Credit Union, are now in default

The $781 million Altura Credit Union is now offering its 110,000 members free mobile banking applications for iPhone, Android, BlackBerry and other Internet-enabled devices.

The $2.5 billion Georgia Corporate Federal Credit Union wasted no time Friday in spelling out 2010 details and the timetable for its proposed merger of Texas-based Southwest Bridge Corporate FCU.

As the newly tapped president of CUMAnet, Joseph Herbst said one of his goals will be to increase the mortgage CUSO's national footprint and maximize operational efficiencies for future growth.

RealtyTrac, a leading online real estate firm specializing in foreclosed properties, reported that homes in some stage of foreclosure made up 25% of real estate purchases in the third quarter of 2010.

A new partnership between CUNA Mutual Group and WNC Insurance Services Inc. aims to deliver insurance solutions to help credit unions cover real estate lending risks.