News

An improved economy and a desire to use the first-time home buyer tax credit before it expired caused a 7.6% increase in existing home sales last month, the National Association of Realtors reported today.

Despite support from the federal government, the Hudson Valley FCU lost a battle in a New York State trial court about whether it or its members have to pay a mortgage-recording tax.

Quest is the new name for the merger of two Topeka, Kan. credit unions, Credit Union 1 and Credit Unions United, which have now combined to form the state's fifth largest at $225 million, it was announced Monday.

The $625 million Clearview Federal Credit Union has filed a lawsuit against Clearview Credit, a Florida debt settlement company claiming misrepresentation to the cooperative's members.

Financial Services Centers Cooperative is now offering a free shared branching locator application for the Android smart phone.

The Homes for Our Troops charity picks up steam next month and again in August with completion of a finished home in Missouri and construction start-up in Oregon.