News

WASHINGTON -- The Federal Housing Administration is warning its lenders to be on the lookout against borrowers who "buy and bail." It's a practice by some borrowers that seems to have its roots in the high price of gasoline.

WASHINGTON -- Credit unions will have more funds available to shore up any liquidity shortfall as a result of Congress' decision to increase the cap on the on the central liquidity facility.

MADISON, Wis. -- The Credit Union Executives Society has recently named Carolina Postal Credit Union Vice President Marketing/Business Development Deb McLean as a 2008 CUES future leader.

CENTENNIAL, Colo. -- Peak5, which rose from the ashes of failed Centrix earlier this year, is looking for a buyer.

EL PASO, Texas -- Greater El Paso Credit Union has discovered the secret to reaching Generation Y: give them $10,000.

WASHINGTON -- The Pennsylvania Supreme Court ordered a lower court to re-hear a challenge to community charter approvals for three state-chartered credit unions.

BEAUMONT, Texas -- The massive cleanup process began in earnest last week for those Ike-battered Texas credit unions now shifting their attention to aiding stricken employees and members while restoring normal operations.

NEW YORK -- After two weeks of harried scrambling to save the country's financial system, small business owners may be wondering how the outcome will affect them down the road.