News

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.

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

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.

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.

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

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.