News

Credit unions with fewer than 100 branches can sign up for a program aimed at recognizing financial institutions that expend extra effort to promote direct deposit for recipients of federal benefits.

NCUA today confirmed that it has sought bids on $800 million worth of securities backed by U.S. Central FCU and Western Corporate FCU investments.

On a party-line vote, the House today passed a bill aimed at stimulating lending to small businesses, following a Senate vote last week.

Using its close Missouri ties, a Michigan credit union, Service 1 FCU, has now completed the merger of a struggling Ozarks CU, the tiny Table Rock FCU of Shell Knob, it was announced Wednesday.

For the second time this week, a national statistic has suggested that the real estate market might be stabilizing further.

The industry-funded and nationally syndicated Biz Kid$ program received its biggest shot in the arm this week--a $700,000 pledge from an Invest in America unit of the Michigan Credit Union League.