News

WASHINGTON -- J.P. Morgan Chase and Citigroup both said today that they won't initiate any foreclosure proceedings in the near future, while the Obama administration comes up with a foreclosure-relief program.

WASHINGTON -- A recent CUNA paper advises smaller asset credit unions not to sharply increase fees nor suddenly change their underwriting standards in response to the down economy.

PASADENA, Calif. - Wescom Resources Group said it recorded revenues and multiple new client signings in 2008.

ALEXANDRIA, Va. - The NCUA Board plans to vote whether to finalize rules about how credit unions must display signs indicating they have insurance coverage at its meeting next Thursday.

MADISON, Wis. -- The forecast for membership growth this year has mixed signals

DURHAM, N.C. -- Latino Community Credit Union earned an innovation grant from the NCUF to promote savings to its underserved members.

LANSING, Mich. -- Based on early sales success in dealer showrooms, two of the Big Three automakers, General Motors and Chrysler last week expanded the credit union-based Invest in America auto financing program nationwide.

ARLINGTON, Va. -- Law enforcement and industry officials say 2008's holiday season was the time when criminals began to focus on how to compromise gift cards and other prepaid products.