News

A program proposed by Missouri Gov. Jay Nixon to create a $2 million pool of funds that would make available low-interest and no-interest loans to small businesses is moving forward despite some objections.

The NCUA Board today extended its program to guarantee the deposits of credit unions in corporate credit unions to accommodate a two-year rolling expiration date.

The $1.2 billion Chartway Federal Credit Union has cut the rates on its credit cards as most, if not all, bank card issuers have raised their own.

An old Wall Street saying "buy on the rumor, and sell on the news" is an imperfect one that could impede the market's outlook.

The $88 million NationsHeritage Federal Credit Union, once known as the Texas Instrument FCU and serving the Attleboro, Mass. market, announced this week it is merging into HarborOne CU of Brockton.

The Leading Economic Index -a compilation and analysis of key government data on the economy--fell .3% last month, the Conference Board reported today.

Credit union interest in social networking picked up steam this week with the $1.6 billion Michigan State University of East Lansing, one of the nation's more active participants, signing up with YouTube.

The NCUA released a long-awaited summary of the PIMCO corporate credit union investment valuation.