News

MADISON, Wis. -- As credit unions place managing through an extremely challenging environment as their top priority, merger talks and planning could be sent to the back burner.

MADISON, Wis. -- Based on historic seasonal trends coupled with return on asset declines, the industry should expect to see a slowdown in membership growth for the rest of the year.

WASHINGTON -- Sales of new homes increased 2.7% in September but were 33.1% less than the levels in September 2007, the Commerce Department reported today.

ATLANTA -- Two Illinois credit unions have signed onto shared branching as part of attempts to tailor their branch availability to meet member needs, according to CO-OP Shared Branching, the national shared branch network the two joined.

PROVIDENCE, R.I. -- Online account opening specialist Andera said it has partnered with a CD and high-yield savings account online auction.

SACRAMENTO, Calif. -- RaAnn Wood has been named deputy commissioner of the division of credit unions at the California Department of Financial Institutions, filling a vacancy that has existed for several months.