News

The once-failed $183 million Mutual Savings Credit Union of Birmingham, Ala. is on the fast track to recovery, said President/CEO Douglas Key.

People who can't make it to Washington this weekend for the Cherry Blossom Run can do the next best thing, turn on their computer and watch the action online.

Increased consumer confidence in the economy, combined with a first-time homeowners' tax credit caused an 8.2% increase in pending home sales, according to data released today by the National Association of Realtors.

Bellco Credit Union doesn't have to pay unrelated business income tax on its income from credit insurance or on royalties from accidental death and dismemberment insurance.

CUNA announced today it is forming a 12-member "Next Steps Corporate Credit Union Working Group" it hopes will provide an organizational framework so credit unions can maintain access to traditional corporate services at a reasonable cost.

Pending regulatory approval, the $276 million Berrien Teachers' Credit Union of St. Joseph, Mich. and the $2 million Otsego Paperworkers CU also in Michigan will merge in late April or May.