News

WASHINGTON -- Unemployment remained at 6.1% in September, as businesses cut 159,000 nonfarm jobs, the Department of Labor reported today.

WASHINGTON -- Employees of credit unions interested in applying for grants from the Treasury Department's Community Development Financial Institutions Fund can learn more about the program during a teleconference on Tuesday from 2:00-3:00 ET.

PLANO, Texas -- Despite tight budgets at credit unions and bad press from S&P, Southwest Corporate's Economic Forum isn't suffering any. Registration for the October 28 and 29 event has already exceeded last year's attendance.

WASHINGTON -- All eyes will be on the U.S. House when it votes today on an economic package that includes raising the amount of credit union deposits that are federally insured and creates a fund that buys illiquid assets from credit unions and other financial institutions.

WASHINGTON -- All eyes will be on the U.S. House when it votes today on an economic package that includes raising the amount of credit union deposits that are federally insured and creates a fund that buys illiquid assets from credit unions and other financial institutions.

WAYNE, Pa. -- When asked how investment and insurance programs were perceived as a core strategy of their financial institution, more than half of managers in a recent survey said they were moderately satisfied with cross-selling efforts.

NEW YORK -- Standard & Poor's Credit Analyst Robert B Hoban Jr. said negative ratings watches don't mean corporate credit unions are in jeopardy of the free-fall ratings downgrades other institutions have received in recent weeks.

WASHINGTON -- Chief Counsel for Advocacy Thomas M. Sullivan today announced that he will step down as head of the Office of Advocacy of the Small Business Administration.