News

ARLINGTON, Va. -- Although data from the first half of the year appears to show card interchange was steady to growing, retail sales data suggests it may not hold up through the end of this year and into next.

LANSING, Mich. -- The Michigan Credit Union League pledged support Friday for Gov. Jennifer Granholm's economic stimulus package, calling a $150 million program of depositing funds into credit unions and banks a worthy endeavor particularly "when contemplating expanded financial counseling and small business lending" by CUs.

WASHINGTON - The National Association of Realtors was today granted a federal charter for its own credit union.

SAN FRANCISCO -- California and Nevada Credit Union League CEO Bill Cheney stunned conference goers yesterday during the group's morning general session, announcing its high-profile advocacy campaign budget will be slashed for 2009, from $6 million to $1 million.

BOSTON -- As the markets continue to get back on track, investors may shift towards those investments that speak directly to their liquidity situation.

WASHINGTON -- The Small Business Administration said it is committed to ensuring a smooth transition from President Bush's eight-year administration to the new one under President-elect Barack Obama.