Credit Union Times | Accurate and Timely CU News

NCUA Places U.S. Central and Wescorp Into Conservatorship

By Claude R. Marx

Saying that stress tests revealed "an unacceptably high concentration of risk," the NCUA today placed U.S. Central Federal Corporate Credit Union and Western Federal Corporate Credit Union into conservatorship and removed their boards and top executives.

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Invest in America Boasts 57,000 Car Sales

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Card Use for Fast Food Climbs Sharply

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March 19, 2009

NCUA Opens Registration for FCUA Symposium

Persons interested in attending NCUA's June symposium on the 75th Anniversary of the Federal Credit Union Act can now register.

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March 19, 2009

Congressional Analysis Forecasts $1.8 Trillion Deficit

The poor economy, increased spending, and declining revenues are combining to create conditions that could result in a $1.8 trillion deficit this year, the Congressional Budget Office projected today.

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March 19, 2009

Nevada FCU Helps Anchor $120 Million Commercial Complex

As some commercial properties continue to face foreclosures, Nevada Federal Credit Union is one of 130 merchants that are tenants at a newly-constructed $120 million, 731,799-square-foot retail complex.

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March 18, 2009

CU Business Capital Staffs New Division

Two executives have been hired to staff CU Business Capital LLC's newly-launched member business sales division.

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March 18, 2009

Oklahoma Employees Merging OKC Thrift

Oklahoma Employees Credit Union of Oklahoma City said this week it has now completed a merger of the $10 million OKC Thrift CU increasing total assets to $310 million.

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March 18, 2009

Visa Security Executive Reaffirms Support of Data Security Standard

WASHINGTON - A leading data security executive with Visa USA today expressed renewed support for the standards the card industry has embraced for card security.

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March 18, 2009

SEC Vows to Expose More Madoff Accomplices

The SEC has charged the auditors of Bernard Madoff's broker-dealer firm with fraud for allegedly conducting fake audits and has vowed to go after other accomplices.

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Top News Stories

NCUA Places U.S. Central and Wescorp Into Conservatorship

Invest in America Boasts 57,000 Car Sales

Card Use for Fast Food Climbs Sharply

Recommended Just For You

News Stories

NCUA Opens Registration for FCUA Symposium

Congressional Analysis Forecasts $1.8 Trillion Deficit

Nevada FCU Helps Anchor $120 Million Commercial Complex

CU Business Capital Staffs New Division

Oklahoma Employees Merging OKC Thrift

Visa Security Executive Reaffirms Support of Data Security Standard

SEC Vows to Expose More Madoff Accomplices