News

DURHAM, NC & OAKLAND, Calif. -- The Center for Community Self Help said the merger between its federally chartered CU and another federal CU is proceeding well.

WASHINGTON - Citing the pressure that many credit unions are facing because of the economy, NCUA Board member Gigi Hyland vowed today to redouble efforts to persuade Congress to let credit unions accept supplemental capital.

RIVERWOODS, Ill.-- A recent survey of consumer holiday intentions have given credit union yet one more reason not to really count on their card interchange before it comes in this year.

RANCHO CUCAMONGA, Calif. - First time home buyers saving up for a down payment have a few more years to build up the nest egg before prices will climb again in California or Nevada, said Terrin Griffiths, league economist for both states.

TEXAS CITY, Texas - Next year AMOCO Federal Credit Union is giving four families the chance to Earn or Burn $20,000.

SAN DIEGO -- CUSO Financial Services LP said it has distributed $4 million in retained earnings to its credit union limited partners, bringing the total distributions in 2008 to $8 million.

LAKELAND, Fla. -- In its quest to build a real estate presence in central Florida, MIDFLORIDA Federal Credit Union has bought A.H. Realty.

WASHINGTON - West Hartford Credit Union today become the 14th federally insured credit union liquidated by the NCUA this year after it was closed by the Connecticut Department of Banking.