News

The NCUA announced today that it has amended its 2010 board meeting schedule.

As 2009 winds down, money market accounts will probably be this year's top driver for increased savings activity at credit unions.

The FDIC budget announcements at today's board meeting revealed significant increases in dealing with banks' escalating woes.

The $1 billion Pacific Service Credit Union, headquartered in Walnut Creek, Calif., has announced that a recent redesign of its card program has reduced the card rates for most of its cardholders.

The U.S. Treasury Department's Community Development Financial Institutions Fund is slated for an increase of $107 million over its 2009 funding level and, most crucially, will drop the so-called "matching funds" requirement.

Credit unions and the IRS are gearing up for post-trial briefs, due Feb. 1, following the close of oral arguments last Friday in the case challenging the IRS' interpretation of unrelated business income tax.