News

A statewide community development group has recognized the Iowa Credit Union Foundation for its efforts to promote, develop and support individual development accounts.

Southeast Corporate Federal Credit Union told members earlier this week it will not seek additional capital in the form of a paid-in capital issuance as other corporates have done or are planning to do.

The executive director of PSCU Financial Services, Peter Schmitt, has been given an entrepreneurship award for his prior work with Digital Dialog.

California credit unions, "face a longer road to recovery" than the rest of the country because of the combined problems of a poor economy, higher taxes and now a state budget impasse, according to the president/CEO of a mid-sized Los Angeles CU.

Witnessing the credit union experience with Homes for Our Troops, a handful of banks led by Bank of America, are now playing catch-up.

Pennsylvania credit unions coming to the rescue of state employees whose pay is caught up in the state budget crisis began disbursing millions in loans today.