News

WASHINGTON -- Over 25% of mortgage delinquencies and foreclosures involve seniors, AARP has found. And, older homeowners with subprime mortgages are 17 times more likely to end up in foreclosure than their peers with prime mortgages.

WASHINGTON -- In another attempt to limit the exodus of capital from financial institutions, the Bush administration is considering a plan to insure all deposits at depository institutions.

WASHINGTON -- In another attempt to limit the exodus of capital from financial institutions, the Bush administration is considering a plan to insure all deposits at depository institutions.

SHREVEPORT, La. -- In honor of International Credit Union Day, contributions from African-Americans to the movement will be on display at an upcoming exhibit.

ALEXANDRIA, Va. -- The NCUA will receive its regularly scheduled report on the health of the National Share Insurance Fund at its meeting next Thursday.

LAS VEGAS -- Not only does an entirely paperless mortgage department make members happy, it also makes sense come budget time.

PORTLAND -- In the latest example of safety-soundness messaging, a coalition of nine Oregon credit unions took out full page ads Thursday in three major state papers to reinforce the increase in NCUSIF deposit insurance to $250,000.

ATLANTA -- CO-OP Shared Branching, the shared branch network owned by CO-OP Financial Services, has announced it has picked up a big credit union.