News

The credit union movement has faced a number of economic and regulatory challenges in recent months.

Gesa Credit Union has come a long way since its founding in 1953 when General Electric employees formed the cooperative after local lenders weren't willing to make consumer loans.

In another sign that the economy may be beginning to pick up steam, housing starts increased 17.2% to a seasonally adjusted annual rate of 532,000 in May, the Commerce Department reported today.

Credit cards, mortgages and other financial products would be under the jurisdiction of a new agency according to a proposal to be unveiled tomorrow by President Obama.

In the latest example of trade group economizing, the Missouri Credit Union Association and the Oklahoma Credit Union League have scheduled a joint fall leadership conference and expo in Branson, Mo.

The $5.8 billion Suncoast Schools Federal Credit Union has alerted members that thousands of their Visa check cards were recently breached.