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There is an explanation for Fitch Ratings' recent negative outlook rating of two of CUNA Mutual Group Inc.'s subsidiaries and then its withdrawal of that rating, the Madison, Wis.-based company said.

WASHINGTON -- Rep. Paul Kanjorski (D-Pa.) said last night there is "at least a 50-50 chance" that his proposal to raise the cap on member business lending will be included in the jobs bill that is being worked on by House leaders.

Call it a hard candy holiday season, but this year almost half of consumers surveyed plan to use any cash they are given as holiday gifts to help meet expenses like groceries,

The Iowa Credit Union League has given up on its Federal Reserve bid to buy an Arizona bank and convert it to a wholesale correspondent vehicle.

It may not be as remunerative as heading a credit union, but the former CEO of an East St. Louis credit union is finding success in a new line of business:

Western Corporate Federal Credit Union gained nearly $2 billion assets during the month of October, but it was primarily from the sale of $1.5 billion in medium-term notes Oct. 28, according to recently released month-end financials.