News

LAS VEGAS -- Two executives whose credit unions have been hit hardest by the mortgage crisis shared some of their wisdom about mortgage loss mitigation.

The NCUA Board voted to amend its regulations to make the $250,000 per account NCUSIF coverage permanent.

A friendly competition has helped Dow Chemical Employees' Credit Union raise $25,147 for the United Way of Midland County.

Harrison and Jefferson High Schools' students have a new way to show some school spirit courtesy of Purdue Employees Federal Credit Union.

NCUA Chairman Debbie Matz announced today that the board will hold a special meeting on Friday, Sept. 24 at which it will unveil the final rule on corporate credit unions and announce its plans for dealing with the corporates' legacy assets.

Tom Millon, founder and CEO of Capital Markets Cooperative, told credit union mortgage executives attending the ACUMA 2010 Fall Conference that there is still a market for high-quality, jumbo mortgage loans.