News

Touting the industry's differences, Sheilah Montgomery, president/CEO of 1st Choice Credit Union, was a guest speaker on "Minding Your Money," an Atlanta-based radio program.

The debate over how much, if any, of U.S. Central Federal Credit Union's December capital losses will be absorbed by retail corporates through their paid-in capital continues.

The NCUA's plan to guarantee deposits at corporate credit unions-which could result in a premium levied on natural person credit unions-was one of the recommendations made by a consulting firm hired by the agency last year.

The $247 million Picatinny Federal Credit Union is continuing to take the legal lead among credit unions victimized by vendor U.S. Mortage Corp. and its credit union division, CU National Mortgage.

Seven families have until the end of the year and a $10,000 incentive to prove that they have what it takes to financially improve their lives.

Locke Capital Management Inc. allegedly created a fake, Switzerland-based billion dollar client in an attempt to attract legitimate investors, the Securities and Exchange Commission said today.