News

The economic challenges facing the industry may be daunting but the Texas Credit Union League said its political action committee fundraising for 2009 hit record levels.

Operation Best Wishes, a campaign by military credit unions allowing families of the deployed to record videos for loved ones free of charge went into overdrive this week, concluding in Fort Drum, N.Y.

NCUA Chairman Debbie Matz said the legislation introduced by Sen. Mark Udall (D-Colo.) to raise the cap on member business loans is a "welcome demonstration of the growing congressional interest."

In a sign that the economy may be picking up, the gross domestic product increased at an annual rate of 2.2% in the third quarter, according to a third estimate released today by the Commerce Department.

Local Government Federal Credit Union has come up with a creative way to help members who have lost their jobs.

Meriwest Credit Union has found a way to make new members feel at home with e-Welcome.