News

Coast Capital Savings, Canada's second largest credit union, is giving consumers the chance to sign a eight feet by ten feet greeting card "thanking" banks for the $3 billion in fees they supposedly charge each year.

FORUM Credit Union of Indianapolis said its annual "Symposium" seminar, a popular event among Midwest CUs for examining industry trends, is undergoing a low-cost remake allowing attendees to pick speakers and the agenda.

In response to lenders concerns, the Small Business Administration said it will consider larger "goodwill" amounts on a case by case basis through Aug. 31.

Michigan's largest credit union has gotten a little big bigger as the Michigan regulator approved its merger with a small partner.

Representatives from Grameen America were scheduled to meet with business and academic leaders on Feb.25 to discuss the next phase of opening a branch of the microlending bank in Fayetteville, N.C.

The economy's deterioration during the first two months of 2009 was "broad based" and the prospects for any improvement before the end of this year or early 2010 is poor, according to a report published today by The Federal Reserve Board.