News

CHICAGO -- Forecasting credit union key measures for year-end and 2010 is a "visceral" and "from the gut" process these days, CUNA top economist Bill Hampel told AICPA National Conference for Credit Unions attendees here.

CHICAGO -- Credit unions should be safe budgeting for a 15 to 30 basis point NCUSIF stabilization assessment in 2010, NCUA Board Member Gigi Hyland told her AICPA National Conference on Credit Unions audience here this afternoon.

The Community Financial Services Association of America has launched an lobbying effort against the proposed Consumer Financial Protection Agency.

Investors who purchase U.S. Central Federal Credit Union's medium term notes will earn more than credit unions that invest in U.S. Central's certificates of deposit.

After 35 years of service to the credit union industry and 23 years as CEO of Prospera Credit Union, Ken Eiden has retired.

The latest forecast from the Mortgage Bankers Association suggests that mortgage refinancings will end 2009 strong but decline to below 2008 levels in 2010.