News

MCLEAN, Va. -- The 30-year fixed-rate mortgage averaged 6.04% for the week ending Oct. 23, down from last week when it averaged 6.46%.

WASHINGTON -- Seeking the same treatment as their state-chartered counterparts, NAFCU today asked NCUA to delay enforcement of the rules on identity theft protection from Nov. 1 until May 1.

WASHINGTON -- Seeking the same treatment as their state-chartered counterparts, NAFCU today asked NCUA to delay enforcement of the rules on identity theft protection from Nov. 1 until May 1.

DALLAS -- Richard M. Boyd, the real estate investor who bought the majority share of Texans Commercial Capital in 2007, has filed a suit against Texans Credit Union to recoup between $5 million-$10 million for allegedly breaching a contract involving branch leases.

ST. LOUIS -- Missouri credit unions taking part in their own charitable "Homes for The Troops" project, an offshoot of CUNA's successful venture at the Presidential party conventions this summer, settled on the first recipient this week plus a new site for the first home.

ALEXANDRIA, Va. -- Saying his agency lacks the statutory power to do it, NCUA Chairman Michael E. Fryzel today asked Treasury Secretary Henry Paulson to give noninterest bearing accounts at credit unions the same unlimited deposit insurance as those accounts have at banks.