News

Virginia Credit Union members and employees are mourning the loss of retired president Dorothy J. Hall, who died this week at the age of 79.

Federal regulators would have the power to limit the size of certain banks and their ability to take certain risks, under a proposal unveiled today by President Obama.

Credit union employees who want to learn how to balance efforts to maximize earnings while not taking excessive risk can participate in NAFCU's Feb. 3 Webcast on the subject.

Credit unions wrote 5% of the nation's mortgages in the third quarter of 2009 and industry analysts anticipate a similarly high number for the year overall.

Reversing a 20-year old precedent, the U.S. Supreme Court today ruled that corporations and unions can use money from their general treasuries to make campaign contributions.

The $8.5 billion BECU of Seattle cited recently as a favored financial institution in the media and Congressional focus on big bank practices is prepping for a February marketing campaign tapping into the "mad as hell" sentiment.