News

In light of the nation's economic woes, CUNA is trying to bring some "Joy to the World."

The mortgage-backed securities from the conserved corporate credit unions that the NCUA is selling have 0% risk and are backed by the full faith and credit of the government, the Federal Reserve and three other regulators concluded.

Seeking to liven up International Credit Union Week, the Ohio Credit Union League is going for the "reality" show gambit with a three-city financial literacy program.

Phishing fraudsters are still targeting banks and credit unions but are expanding their search for online credentials to universities and social media sites, according to Cyveillance Inc.

A trademark infringement dispute has been settled between Michigan First Credit Union and First Michigan Bank.

Poor decisions by management, including risky investments and inadequate oversight by examiners, caused the failure of Ensign FCU and Clearstar Financial CU, which cost the NCUSIF $42 million, according to reports.