Credit Union Times | Accurate and Timely CU News

Service CU Renews Support for Employees' National Guard Service

By Michelle A. Samaad

PORTSMOUTH, N.H. -- Service Credit Union is sending a strong message that it continues to support those employees who serve in the National Guard and Reserve.

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Hampel Says GM/Chrysler Bailout is a Small Down Payment

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NCUA Approves New Credit Card Rules

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December 17, 2008

Chrysler Shutdown Only Boosts 'Invest' Goals, Says Adams

LANSING, Mich. -- The new "Invest in America" auto financing program unveiled by the Michigan Credit Union League and a CUNA-linked CU consortium becomes "all more important now" to CUs in light of the automaker's extraordinary month-long plant shutdown.

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December 17, 2008

Share Insurance Fund Could Have a Net Loss This Year

ALEXANDRIA, Va. -- NCUA's top financial official said today if the National Credit Union Share Insurance Fund could end the year with a loss.

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December 17, 2008

Fryzel Rejects Use of Share Insurance to Buy Bad Assets

ALEXANDRIA, Va. -- NCUA Chairman Michael E. Fryzel said yesterday that any program to buy bad mortgages from credit unions should not be financed by the NCUSIF, but by the Treasury Department's Troubled Asset Relief Program.

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December 17, 2008

California Health Benefit Nonprofit Preps for 2009 Debut

SAN FRANCISCO -- After 15 months of groundwork and NCUA's approval, Credit Union Health Benefits of America, a new health plan nonprofit mutual benefit corporation, will make its debut in early 2009.

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December 17, 2008

Deciding Which CUs to Cut Difficult Task ShareBuilder Admits

BELLEVUE, Wash. -- Online broker ShareBuilder Corp. said deciding which credit unions partnerships to keep and which to end has been a difficult process.

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December 17, 2008

Wisconsin CU Finds Temporary Foreclosure Halt Helpful

JANESVILLE, Wis. - The Chrysler shutdown may top the economic bad news but the $300 million Blackhawk Community Credit Union is girding for the worst in this already hard-hit General Motors town.

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December 17, 2008

NCUA Expands Activities of CUSOs

ALEXANDRIA, Va. - The NCUA today added two new permissible CUSO activity categories-credit card loan origination and payroll processing services-and broadened the reach of two service categories.

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Top News Stories

Service CU Renews Support for Employees' National Guard Service

Hampel Says GM/Chrysler Bailout is a Small Down Payment

NCUA Approves New Credit Card Rules

Recommended Just For You

News Stories

Chrysler Shutdown Only Boosts 'Invest' Goals, Says Adams

Share Insurance Fund Could Have a Net Loss This Year

Fryzel Rejects Use of Share Insurance to Buy Bad Assets

California Health Benefit Nonprofit Preps for 2009 Debut

Deciding Which CUs to Cut Difficult Task ShareBuilder Admits

Wisconsin CU Finds Temporary Foreclosure Halt Helpful

NCUA Expands Activities of CUSOs