News

WASHINGTON - NCUA Chairman Michael E. Fryzel said today he would continue to request credit unions access to federal funds to mitigate market instability but otherwise praised Geithner's plan shoring up financial institutions.

WASHINGTON - Seeking to avoid competing for attention with efforts to pass the economic stimulus package, the Treasury Department has postponed today's scheduled announcement of a financial rescue plan until tomorrow.

OLYMPIA, Wash. -- NCUA's Region V Director Melinda Love was given a hunter's bright orange flak jacket to wear before taking corporate bailout questions at the Washington Credit Union League's annual GAC Conference over the weekend.

WASHINGTON -- Even though the Small Business Administration had previously reported a significant drop in loan demand, the agency said participation in its Patriot Express pilot loan program continues to grow.

WASHINGTON -- In her new role as SEC Chairman, Mary Schapiro has halted a "penalty pilot" program.

CULVER CITY, Calif. - A bank closed here on Friday has ties to Primary Financial's popular SimpliCD program.