News

The Senate last night followed the House's action earlier in the day and passed a bill that that includes a temporary stabilization fund for corporate credit unions.

Credit unions can now invest in two-year certificates of deposit in the National Credit Union Foundation's Community Investment Fund with all principal and quarterly fixed-rate dividend payments throughout the entire term guaranteed by the NCUA.

Not long after Chrysler announced it was filing for bankruptcy, the Big Three automaker also announced it was reinstating incentives for the Invest in America program.

A two-day car sale held by Michigan First Credit Union not only exceeded previous years numbers in total cars sold,

Seven former credit union employees have been banned from working at federally insured financial institutions because they have been convicted or pled guilty to crimes or agreed to a consent decree.

Like her predecessors, Karen Mills has taken up the torch of increasing the number of credit unions that are Small Business Administration lenders.