News

WASHINGTON - Unemployment rose to a 15-year high of 6.7% in November, as businesses cut 533,000 non-farm jobs, the Department of Labor reported today.

WASHINGTON -- There were 509,000 first-time filings for unemployment insurance last week, a 21,000 decline from the week before, the Labor Department reported today.

St. PETERSBURG, Fla. -- Card Services For Credit Unions reiterated its advice to member credit unions to prudently continue their credit card lending.

DENVER -- Several Colorado organizations are co-sponsoring a series of statewide forums to offer small businesses strategies to work through the current recession.

WASHINGTON -- Officials of NCUA, CUNA and NAFCU have met with officials of President-Elect Barack Obama's NCUA transition team to discuss regulatory and legislative issues of importance to credit unions.

WASHINGTON -- A recent report from the FDIC on the frequency and impact of fees on overdrawn checking accounts laid the blame on debit and/or ATM cards for the majority of overdrawn accounts nationwide