News

DALLAS -- Cognizant of the emphasis on asset/liability management and new ACH rules which take effect in 2009, Southwest Corporate Credit Union said this week it is expanding its training curriculum to include two Webinars on both topics.

PASADENA, Calif. -- Four more credit unions have partnered with CUSO Mortgage Inc. for mortgage origination and servicing.

NEW YORK - Moody's Ratings Service released the results of its regularly-scheduled credit union industry review this week, and delivered lumps of coal to several cooperative stockings.

WASHINGTON - Credit unions wanting to get back into the credit card market can consult a series of educational webcasts sponsored by CMC and NAFCU Services.

SACRAMENTO, Calif. - California Gov. Arnold Schwarzenegger's required state employees to take two unpaid days off each month next year. an attempt to corral a runaway state budget deficit that is expected to reach $42 billion by 2010.

WASHINGTON -- Two federal agencies delivered a lump of coal to lenders earlier this week, releasing a third quarter report that says loan modifications aren't working for a significant percentage of borrowers.