News

Credit union economists agree on why credit unions are booking more mortgages on their balance sheets: Secondary market prices are discounted and consumer loans not only bring credit risk, but demand is low.

Scaling back underperforming operations, America's Christian Credit Union of Glendora, Calif. recently closed two of its branches.

Nearly half of small businesses still rely on traditional methods to promote their companies even though many of them are establishing a presence on Facebook, Twitter, LinkedIn and MySpace, according to a survey.

CUNA staked out a position on the new Consumer Financial Protection Agency somewhere in between the Obama administration and those who don't want any new regulator at all.

The Winthrop Rockefeller Foundation has approved a $250,000 deposit into $117 million-Hope Community Credit Union.

World Council of Credit Unions' 2008 Statistical Report reveals modest growth in both the number of credit unions and members served, with 53,689 credit unions reporting nearly 186 million members.