News

The $1.8 billion SEFCU has formed a new program with area businesses that will offer discounts on products and services to members of the Albany, N.Y.-based cooperative.

President Obama is scheduled to unveil a plan later today that will provide $1.5 billion to state and local housing agencies in five states so they can provide additional relief to homeowners in danger of losing their homes, according to media reports.

Through its foundation, North Carolina's State Employees' Credit Union will provide a 0% $500,000 construction loan for a maternity home that serves homeless and runaway youth.

The SBA told credit unions and other lenders today that it will reactivate the Recovery loan queue by Feb. 22 to ensure that the $125 million appropriated to the agency in December will go out the door much faster to small businesses.

Rep. Brad Ellsworth (D-Ind.) who has enjoyed strong support from credit unions during his two terms in the House of Representatives, is going to announce his candidacy for U.S. Senate, according to several media reports.

This year UW Credit Union is giving its members the gift of better understanding their spending.