News

MEMBERS Trust Co. was the top manager of exchange-traded funds in the country in 2008, according to Barclays Global Investors' iShares.

The NCUA flap in February over credit unions making sometimes unflattering comparisons of competitors in print or online surfaced again Friday with the issue being raised by the same California CU slapped for using Bauer Financial ratings on its Web site.

A group of 16 credit unions who participated in the IRS Voluntary Income Tax Assistance program finished the 2009 tax season having helped thousands of low income members receive millions of dollars.

CUNA Mutual Group's MEMBERS Capital Advisors has linked up with Madison Investment Advisors Inc. to form a new entity that will provide members with a broader array of investment managers and products.

Larry Weise, a 28-year veteran of the Oklahoma credit union industry and a former chairman of the Oklahoma Credit Union League, has retired as president/CEO of Western Sun FCU.

Housing starts fell 10.8% last month to a seasonally adjusted annual rate of 513,000, the Commerce Department reported today.