News

Federal Reserve Chairman Ben S. Bernanke today urged Congress to do more to cut the size of the deficit or risk severe damage to the economy.

1st United Services Credit Union recently participated in the Alameda County take your child to work day event.

ATLANTA -- The good news is homes are more affordable than they have been since the 1970s and more people are paying down debt.

ATLANTA -- While credit unions experienced a 4% increase in new mortgage originations in 2008, the industry may have to wonder if rapid growth could be a set-up for falling earnings.

In an effort to keep costs affordable for consumers, CUNA & Affiliates and World Council of Credit Unions spoke out to Congress against exclusive one-way remittance contracts between financial institutions and money transfer organizations.

Although the NCUA's revised Temporary Corporate Credit Union Share Guarantee Program won over most of the original corporate holdouts, two wholesales were not included on the regulator's June 1 list of final participants.