News

ATLANTA -- The NCUA has chartered a new community development credit union.

SCHAUMBURG, Ill. -- Members of Motorola Employees Credit Union are bracing for pension and 401(k) plan cuts from Motorola Inc. as the mobile communications giant becomes the latest employer to slash benefits to manage through the recession.

ARLINGTON, Va. -- Yet another piece of bad news coming out of the 2008 holiday season was increased incidents of fraud involving gift cards.

ARLINGTON, Va. -- Just as one longtime nemesis of credit union card programs sputters to a halt, another has been jump-started.

WASHINGTON -- NCUA Vice Chairman Rodney Hood has been on the board since 2005 and before that had an extensive career in the banking industry and working on rural credit issues at the U.S. Department of Agriculture.

NEW YORK -- The suicides of two foreign tycoons, the loss of at least $50 billion in assets and a regulator catching heat for failing to follow through on several red flags waved over a 10-year span.