News

The Inspire Community Development Federal Credit Union, a low-income designated community development credit union located in Battle Creek, Mich., is the first credit union the NCUA has chartered in 2010, according to the agency.

Low- and moderate-income members of the $1.2 billion UW Credit Union now have an additional option for getting a mortgage, one which might enable them to obtain a loan underwritten and sold by the credit union.

The South Carolina Credit Union League has tapped its veteran lobbyist, Steve Fowler, the league's current executive vice president, to be its new president/CEO, ending a nine-month search.

The South Carolina Credit Union League has tapped its veteran lobbyist, Steve Fowler,

More than 100 executives from credit unions, CUSOs, regulators and advisory firms dialed into a March 4 conference call to find out what credit unions will have to do to obtain money under the U.S. Treasury's Community Development Capital Initiative.

WASHINGTON -- As credit unions and other financial service providers awaited a draft of the Senate regulatory restructuring, a key negotiator of the bill said when it comes to a new consumer agency, location is less important than teeth.

The Senate Banking Committee is scheduled to begin consideration of Chairman Christopher Dodd's proposal for overhauling financial regulation at 4:00 p.m. next Monday, the committee announced today.

For its brokered certificate of deposit program and member service standards, Kern Schools Federal Credit Union recently received honors from the Bank Insurance and Securities Association.