News

Two of the largest and politically influential credit unions, Suncoast Schools Federal Credit Union and GTE Federal Credit Union, announced today a proposal to merge.

Court documents reveal details about alleged fraud committed by Pine Brook, N.J.-based U.S. Mortgage Corp. and its kaput credit union division, CU National Mortgage.

A number of credit unions were featured in today's Wall Street Journal on how more small business owners are turning to the financial institutions lately.

U.S. Central's January 2009 unaudited financials, released yesterday, report a $9.2 million net profit and a slight decrease in last month's $6 billion unrealized loss tab.

WASHINGTON -- The U.S. Treasury's Community Development Financial Institutions Fund is almost ready to release the procedures for accessing some of the $100 million that Congress appropriated for the fund as part of the economic stimulus package.

With an emphasis on doing more with less, Summit Credit Union has kicked off Project Money.