News

Calling it "a great victory for America's entrepreneurs," President Obama today signed a small business lending bill he hopes will help jumpstart the economy and create jobs.

CUNA, joined by state leagues, were in media damage control Monday to keep a lid on any more "credit union bailout" coverage of the type that hit online and in a handful of national outlets over the weekend following the corporate seizures.

The CUSOs owned by the three corporate credit unions placed in conservatorship Sept. 24 remain open for business today.

Charles Furbee, who retired from the Federal Reserve Bank of Chicago in March 2004, has been named CEO of the conserved Members United Corporate FCU.

Taking its Discovery Conference online for the first time ever, CUNA Mutual Group has added a $5,000 incentive to the free gathering.

Retired Genisys Credit Union President/CEO Dianne Addington has been named interim CEO at the seized $7.5 billion Southwest Corporate FCU.