News

BATON ROUGE, La. -- Since the destructive damage caused by Hurricanes Gustav and Ike, members of Pelican State Credit Union have turned to the financial institution for much-needed relief.

WASHINGTON -- Congressional leaders are considering increasing the amount of credit union and bank deposits covered by federal insurance from $100,000 to $250,000 for one year, as part of a revised asset purchase plan scheduled to be voted on by the Senate tonight.

WESTBROOK, Maine -- An upstate New York credit union is the first in the Empire State to commit to core processing on the Symitar Episys platform through a service bureau setting at Synergent, the company said.

WESTBROOK, Maine -- An upstate New York credit union is the first in the Empire State to commit to core processing on the Symitar Episys platform through a service bureau setting at Synergent, the company said.

WASHINGTON -- One percent of the loans backed by Fannie Mae and Freddie Mac are 90 days or more past due, according to a report issued by the Federal Housing Finance Agency.

WASHINGTON -- FHA lenders who fail to modify loans can be hit with as much as $330,000 in penalties.

SAN DIMAS, Calif. -- Western Corporate and Members United Corporate reacted to news that Standard & Poor's has placed them on CreditWatch negative by focusing on the ratings agency's reassuring words about their financial health and liquidity, and reminders that their stellar ratings weren't downgraded.

PARCHMENT, Mich.--First Community Federal Credit Union has been singled out for a 2008 American Graphic Design Award.