News

According to documents posted on the NCUA's Web site (www.ncua.gov), since removed, U.S. Central FCU withheld former executive Dave Dickens' severance during an investigation into whether his actions could have allowed him to be fired "with cause."

The $90 million Colorado Credit Union of Littleton expects to complete the merger and computer conversion of the nearby $12 million Brighton FCU this weekend.

Corporate America Credit Union won round one late Thursday afternoon in its lawsuit against U.S. Central and its accounting firm RubinBrown. U.S. District Judge Inge Prytz Johnson denied RubinBrown's two motions to dismiss the case.

Residents of Oklahoma who experienced a furlough triggered by state budget cuts have a new resource to turn to through the Oklahoma Employees Credit Union.

The NCUA liquidated the Friendship Community Federal Credit Union of Clarksdale, Miss. today and its assets were purchased by Shreveport Federal Credit Union of Shreveport, La.

WASHINGTON -- House Minority Whip Eric Cantor praised credit unions for their work in helping individuals and communities fulfill their goals and dreams and their contributions to the nation's prosperity.