News

The NCUA is scheduled to unveil final rules on what information credit unions must disclose to credit reporting agencies and hear a report on the health of the NCUSIF at its meeting next Tuesday.

Western Corporate Federal Credit Union's dismissed board members officially conceded to the NCUA April 6, releasing a statement saying the group unanimously voted

Despite the financial and economic pressures facing West Coast credit unions, including losses associated with the conservatorship of Western Corporate Federal Credit Union,

Credit unions may have yet another opportunity to offer their members and non members a better card deal just when many consumers with very solid credit scores are getting frustrated with their bank card issuer.

The automated request tracking system at WESCO Net Web Services has just recorded its 10,000th Web site update request, the company said.

While the overall economy is still weak, there was a "moderation in the pace of decline," in several parts of the country, the Federal Reserve Board reported today.

"The American Debt Relief Challenge" is seeking to do what the NCUA pushed so hard for a couple years ago: provide quantifiable evidence of the credit union difference.

NCUA, CUNA and NAFCU are still working with officials of the Treasury to find a way for credit unions to participate in programs aimed at helping financial institutions deal with troubled assets.