Credit Union Times | Accurate and Timely CU News

Deposits Fall as Unemployment Climbs

By Michelle A. Samaad

If the past five years are any indication, as long as unemployment goes up, deposit interest rates may stay low.

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Bankers Oppose League Bank Bid

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Some of the alleged victims of David K Henke, the former CEO of the $6 million Rapids Municipal Credit Union, felt cheated on Nov. 2 when he failed to appear to answer embezzlement charges. Little did they know that he had already committed suicide

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November 10, 2009

Retirement Money in Motion

Affluent investors said they have moved significant amounts of their retirement money around over the past year in a search for better value, personalized advice and a financially-sound provider.

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November 10, 2009

New York CU Investment Firm Marks Switzerland Debut

Members of United Nations Federal Credit Union have flocked to the cooperative's investment subsidiary office in Geneva, Switzerland, which marked its one-year anniversary yesterday.

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November 10, 2009

NCUA Monitoring Ensign FCU

The NCUA is closely monitoring Ensign Federal Credit Union, which recently told the agency that its liabilities exceed its assets.

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November 10, 2009

Corporate Restructure, Election Lead AACUL Agenda

The NCUA's planned draft rules on the structure of corporate credit unions and the political outlook for the 2010 elections figure to be heading the agenda for the annual American Association of Credit Union Leagues conference.

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November 10, 2009

SBA Seeks Extension of Recovery Act Provisions

The SBA said it is working with President Obama and Congress to obtain funding to continue the agency's 7(a) program's 90% loan guarantee and fee reductions, which are set to last into December.

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November 10, 2009

NCUA Tries Regulator Contact to Resolve Fraud Dispute

NCUA Board Chairman Debbie Matz has sent a letter to the Federal Housing Finance Agency, the regulator and conservator of Fannie Mae and Freddie Mac, seeking resolution of a dispute over some mortgages that credit unions complain were stolen.

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Top News Stories

Deposits Fall as Unemployment Climbs

Bankers Oppose League Bank Bid

PSCU Beams Optimism

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Top News Stories

Deposits Fall as Unemployment Climbs

Bankers Oppose League Bank Bid

PSCU Beams Optimism

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News Stories

Ex-CEO in Suicide

Retirement Money in Motion

New York CU Investment Firm Marks Switzerland Debut

NCUA Monitoring Ensign FCU

Corporate Restructure, Election Lead AACUL Agenda

SBA Seeks Extension of Recovery Act Provisions

NCUA Tries Regulator Contact to Resolve Fraud Dispute