News

Though the political action committees of CUNA and NAFCU backed the unsuccessful Senate candidacy of Rep. Mike Castle (R-Del.) the PACs had some successes yesterday as well.

Even as products such as money market accounts continue to surge, credit unions may see low deposit yields well into and after 2011.

Corporate credit unions that have historically depended upon U.S. Central FCU for products and services will meet in Las Vegas next week to consider pitches from new providers.

Michigan's weak real estate market has brought at least one bit of good fortune to University of Michigan Credit Union-a bargain price on new headquarters.

Stressing that "not all credit unions are suffering," a group of Los Angeles CUs did media damage control after an article in a local business journal highlighted poor credit union performance.

To mark its 75th anniversary next year, Heartland Credit Union of Madison, Wis., has opted to raise awareness of the valuable services local nonprofits provide.