News

Sales of existing homes grew by 9.4% in September, and 9.1% higher than in September 2008 the National Association of Realtors reported today.

Embattled Senate Banking Committee Chairman Christopher Dodd (D-Ct.), whose low approval ratings make him one of the most vulnerable Democrats seeking re-election next year, gets help from President Obama tonight.

After five years on the drawing boards, the Oklahoma Credit Union League finally has its Credit Union House and spanking new $2.2 million Oklahoma City headquarters.

In a move reflective of the trend toward regional state leagues, a coalition of Mid-Continent trade groups is meeting in Oklahoma City to look at forming a CUSO to handle combined accounting and human relations functions.

A web-based program of PrimeWay Federal Credit Union in Houston called "LaidoffinHouston" and offering financial counseling and job help to the unemployed spread this month to Pennsylvania with a copycat venture launched by Erie General Electric FCU.

On a mostly party line vote, the House Financial Services Committee approved a measure to create a new agency to regulate consumer financial products and CUNA and NAFCU expressed concern about the bill.