News

NCUA Chairman Designate Deborah Matz is scheduled to be sworn in at 2:00 p.m. next Monday at the agency's headquarters in Alexandria, Va.

Albert Gonzalez and alleged conspirators allegedly scouted both retail outlets and Web sites for data security weaknesses after first obtaining a list of potential victims from perusing a list of top-flight U.S. firms.

In another sign that the economy isn't out of the woods yet, housing starts fell 1% last month, to a seasonally adjusted annual rate of 581,000 in July, the Commerce Department reported today.

Mid-Atlantic Corporate Federal Credit Union announced yesterday's passing of John H. Bixler, Jr., the original president/CEO.

CUNA President/CEO Dan Mica today asked NCUA Chairman Michael E. Fryzel to ask his examiners to take no enforcement actions against credit unions trying to comply with the 21-day notice rule for open-end credit accounts.

Alabama credit unions Tuesday were already seeing a flow of new deposit and loan business as they capitalize on last Friday's collapse of the $25 billion Colonial Bank of Montgomery, the biggest failure in a year.