Credit Union Times | Accurate and Timely CU News

Consumer Confidence Reaches All-Time Low

By Claude R. Marx

WASHINGTON -- The deepening economic crisis caused the Consumer Confidence Index to hit a record low of 38, compared with 61.4 in September, the Conference Board reported today.

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FHFA Reorganizes and Launches New Web Site

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FHFA Reorganizes and Launches New Web Site

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October 28, 2008

CUs Making Right Moves in Crisis, Claims NACUC Chair

DENVER -- Easing loan terms and waiving payments, credit unions appear to be moving swiftly to help ease the nation's financial pain and from a volunteer and management view "that is heartening," maintains the newly elected head of the National Association of Credit Union Chairmen.

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October 28, 2008

NCUF Grant Will Go to Fund Latino Real Estate Effort

DES MOINES, Iowa -- The $8 million Village Credit Union is the recipient of the National Credit Union Foundation's fifth innovation grant this year, the foundation has announced.

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October 28, 2008

Time is Now for CUSOs, CUs to 'Seize the Moment'

BIRMINGHAM, Ala. -- New opportunities for growth in a changing financial marketplace can be had for credit unions and CUSOs that are not afraid to seize the moment.

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October 28, 2008

Business Deposits May Provide Lowered Cost of Funds Option

SAN DIEGO -- Credit unions offering member business loans should consider adding business deposits as they provide a lower cost of funds, Margaret Dengler Ross, NCUA member business lending program officer, recently advised.

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October 28, 2008

Intermountain CU Members Approve Merger

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

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October 27, 2008

Stevens Convicted in Corruption Trial

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.

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October 27, 2008

FHA-Approved CUs Eligible for Hope for Homeowners

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

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Top News Stories

Consumer Confidence Reaches All-Time Low

FHFA Reorganizes and Launches New Web Site

FHFA Reorganizes and Launches New Web Site

Recommended Just For You

News Stories

CUs Making Right Moves in Crisis, Claims NACUC Chair

NCUF Grant Will Go to Fund Latino Real Estate Effort

Time is Now for CUSOs, CUs to 'Seize the Moment'

Business Deposits May Provide Lowered Cost of Funds Option

Intermountain CU Members Approve Merger

Stevens Convicted in Corruption Trial

FHA-Approved CUs Eligible for Hope for Homeowners