News

Huddled in a room last week, SEC Chairman Mary Schapiro met with the leaders of the six exchanges to get to the bottom of what caused unusual trading activity and enormous stock market selloff on May 6.

NEW ORLEANS - CUNA will prepare a corporate loss estimate report that will be made public within the next two months. Chief Economist Bill Hampel made the announcement this morning during the trade's CFO Council Conference general session.

An old face gets a new look in Southwest Corporate Federal Credit Union's new education effort aimed at helping credit unions tighten their computer security defenses.

As first reported in January, the National Credit Union Foundation has chosen Bucky Sebastian as its new executive director.

In today's Oregon primary, credit unions are coordinating their support for one of the industry's leading "friends," state Sen. Rick Metsger running for State Treasurer on the Democratic ticket.

The nation's biggest proposed merger of First Tech CU of Oregon and Addison Avenue FCU of California, in a $4.6 billion combination, remains on track to receive member and regulatory approval, CU management reported Tuesday.

Housing starts increased 5.8% in April, following a 1.6% rise in March, according to a report issued today by the Commerce Department and the Department of Housing and Urban Development.

CUNA and NAFCU are using today's hearing by the House Financial Service on small business lending to reiterate their push to raise the cap on member business loans.