News

Credit unions are holding their own in the popularity ranks while banks took a nosedive, according to a Texas Credit Union League phone survey.

Members of the $5.8 billion Suncoast Schools Federal Credit Union were recently alerted that thousands of their Visa check cards had been breached.

State Employees Federal Credit Union, Albany, N.Y., has promoted Executive Vice President John DeCelle to chief marketing officer.

The board of directors of Space Coast Credit Union approved the merger with Eastern Financial Florida Credit Union during a special meeting held on June 19, Space Coast announced late Tuesday evening.

Optimists hoping the NCUA's estimated $5.9 billion corporate stabilization price tag is too high received bad news during the regulator's webcast this afternoon: losses on mortgage backed securities could climb even higher.

Calling corporate liquidity "stable but tenuous," Office of Corporate Credit Unions Director Scott Hunt today requested support from member credit unions to increase shares deposited in the wholesale system.