News

During any conservatorship, including Eastern Financial Florida Credit Union's, NCUA said it considers all options such as a merger or liquidation, ultimately choosing the one that will be the least costly.

CUNA, joined by state leagues and regulators, were mounting a major communication effort Tuesday to provide resource links and disaster preparation materials for CU employees and members in connection with the swine flu outbreak.

The Florida Bankers Association is livid over the idea of a potential $3 billion dollar merger between Space Coast Credit Union and Eastern Financial Florida Credit Union.

Western Corporate FCU has hopped aboard the American Debt Relief Challenge train, featuring the program today in its monthly Credit Union Essentials Webcast, in an attempt to help credit unions find new revenue streams.

NAFCU President Fred Becker said he's sending another letter to the NCUA, accusing the agency of inconsistent reporting in its refusal to release specifics regarding corporate losses.

Interest rates on credit cards could not exceed 18% under the provisions of an amendment to be introduced by four lawmakers on Thursday.