News

TMG Financial Services, the card portfolio purchasing arm of The Members Group has some card portfolios in which it hopes some credit unions will want to invest.

The forecast of a big snow storm tonight in flood-weary Fargo, N. D. put a temporary damper on credit union operations retaining to normal as some CUs reopened their branches to take care of month-end ACH and social security transactions.

North Shore LIJ Health System Federal Credit Union, LIJ Employees Federal Credit Union, and Hillside Hospital Federal Credit Union have expressed an interest in exploring a possible merger of the three credit unions.

The automobile industry will be getting some tough love, including additional restructuring and layoffs and possible bankruptcy filings, as part of the rescue plan unveiled today by President Obama.

The recent unveiling of the Treasury's public-private investment program could be yet another way to help boost investors' confidence, according to MEMBERS Capital Advisors.

NCUA Chairman Michael E. Fryzel today asked Congress to give his agency the $30 billion in emergency borrowing authority from the Treasury Department.