News

RIVERDALE, Utah -- Members of Intermountain Credit Union today approved an emergency merger with America First Credit Union.

WASHINGTON -- Sen. Ted Stevens was convicted today of seven counts of lying about $250,000 worth of gifts he received from a businessman to whom he helped clear federal contracts and others.

WASHINGTON -- CUNA has advised credit unions that are FHA-approved that they are also eligible to originate mortgages under the Hope for Homeowners program.

FARMERS BRANCH, Texas -- The online campaign to "adopt" needy credit union families suffering losses from Hurricane Ike is gaining traction this week with five southeast Texas families already finding benefactors in time for the holidays.

WASHINGTON-- Saying that credit unions would be at a competitive disadvantage, CUNA President Dan Mica today urged Treasury Secretary Henry Paulson to give the National Credit Union Share Insurance Fund the power to provide full insurance for all noninterest bearing business accounts.

WASHINGTON -- The United States is already in a recession that will last "well into 2009," the Credit Union Economics Group is forecasting.