Credit Union Times | Accurate and Timely CU News

Loan Delinquencies Up in Fourth-Quarter 2008

By Claude R. Marx

The recession and its widespread job losses caused a 32 basis point increase in loan delinquencies, according to data released today by the American Bankers Association.

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Calif. League Opposes 'Well-Intentioned' Mortgage Legislation

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For Many Cardholders, Rewards Are the New Savings

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April 01, 2009

Pa. League Warns of Legal Steps on Conservatorships

The Pennsylvania Credit Union Association's board has adopted a formal resolution warning it would take "appropriate" legal steps to mitigate the impact of the NCUA's conservatorships of U.S. Central and WesCorp.

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April 01, 2009

Life Crisis Has Big Impact on Retirement Plans

From a divorce to the illness of a child, fewer people are making it to age 40 without a crisis affecting their plans to save for retirement.

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April 01, 2009

FASB Approves Changes in Mark-to-Market

Credit unions received some regulatory relief today when the Federal Accounting Standards Board today allowed for greater flexibility when companies value their investments.

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April 01, 2009

Central States Receiver Hearing Put Off

Following some legal jousting over governance issues, a Milwaukee judge put off until next Tuesday naming of a receiver of Central States Mortgage Co.

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March 31, 2009

African-American CU Coalition Meeting Still On

After a change in city late last year, the African-American Credit Union Coalition has chosen Harrah's Las Vegas Hotel as the site for its annual conference in August.

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March 31, 2009