News

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.

The financial struggle plaguing the $157 million Cumorah Credit Union in Las Vegas can be traced to one big factor: Nevada's commercial real estate bust.

NCUA Chairman Debbie Matz today scheduled a specially focused meeting for Nov. 5 at 2 p.m. to discuss the status of corporate credit unions' capital accounts and other issues related to corporate credit unions.

Based on a Georgia Credit Union Affiliates poll in connection with International Credit Union Day, the recession continues to take its toll of consumer spending habits among Georgians with only 13% looking to spend more now than a year ago.