Credit Union Times | Accurate and Timely CU News

Consumers Suggest Spending to Remain in Doldrums

By David Morrison

RIVERWOODS, Ill. -- Consumer spending will not pick up in the near future, if a survey conducted by Discover Financial Services holds true.

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CDO Values Affecting Corporate Financial Accuracy

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South Korean CUs Embrace Collaboration, Move to Centralized IT System

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February 03, 2009

Industry Can Solve Crisis, 'No Need' for TARP, Says Blaine

RALEIGH, N.C. -- The industry now in the grip of NCUA's corporate rescue crisis retains "lots of smart minds and good will" and can solve this problem without going to the last resort in the view of James Blaine, the president/CEO State Employees' CU.

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February 03, 2009

After Long Battle, President of Kenya Signs Credit Union Legislation

WASHINGTON -- After a more than six-year political battle, Kenyan President Mwai Kibaki signed a measure to create a stronger regulatory structure for the country's credit unions, known there as savings and credit cooperatives (SACCOs).

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February 03, 2009

Callis Named NIHFCU President/CEO

ROCKVILLE, Md. - The National Institutes of Health Federal Credit Union has named longtime credit union executive Juli Anne Callis to be next president/ CEO.

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February 03, 2009

Retail Employees CU to Go On Despite Macy Cuts

ATLANTA -- Despite Macy's recent announcement that it will cut 7,000 jobs, Retail Employees Credit Union said it is assuring members that the financial institution will continue to operate.

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February 03, 2009

Sitting Del Norte CU Board Member Denied Re-Election Bid

LOS ALAMOS, N.M. -- The nominations and elections committee at the $312 million Del Norte Credit Union declined to nominate a sitting board member and former chairman for re-election to the board along with a former supervisory committee member.

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February 03, 2009

House Panel to Consider Amendments to Help Share Insurance Fund

WASHINGTON -- The NCUSIF could get more help and breathing room under two amendments scheduled to be considered today by the House Financial Services Committee.

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February 03, 2009

CUs Could Benefit from Small Business Stimulus Provisions

WASHINGTON -- Credit unions could make more business loans and not count it against their member business loan cap as a result of a provision in the $825 billion stimulus package passed by the House last week.

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Top News Stories

Consumers Suggest Spending to Remain in Doldrums

CDO Values Affecting Corporate Financial Accuracy

South Korean CUs Embrace Collaboration, Move to Centralized IT System

Recommended Just For You

News Stories

Industry Can Solve Crisis, 'No Need' for TARP, Says Blaine

After Long Battle, President of Kenya Signs Credit Union Legislation

Callis Named NIHFCU President/CEO

Retail Employees CU to Go On Despite Macy Cuts

Sitting Del Norte CU Board Member Denied Re-Election Bid

House Panel to Consider Amendments to Help Share Insurance Fund

CUs Could Benefit from Small Business Stimulus Provisions