News

OAKLAND, Calif. -- Chevron Federal Credit Union is now using the branch and ATM search services of LocatorSearch LLC on its Web site at www.chevronfcu.org.

WASHINGTON -- President Bush and the top Senate Democratic and Republican leaders said today they would work to make the changes needed to pass the $700 billion measure to allow the government to buy illiquid assets from financial institutions, including credit unions.

WASHINGTON -- Credit unions report a slew of reactions ranging from panic to a lack of concern to the news that the massive $700 billion bailout proposal has been rejected by the House of Representatives.

MADISON, Wis. -- CUNA Mutual Group said Monday more than 200 Gulf Coast credit have now reported some type of loss from Hurricane Ike with about 20 of those preparing to file claims for "significant damage."

NEW YORK -- Nervous investors reacting to the news of the rejected financial system rescue plan sent stocks tumbling this afternoon.

SEATTLE -- An informal, but high profile think tank of credit unions and trade organizations will meet here Oct. 16 to discuss, among other things, the best way set up an CU industry-controlled secondary mortgage market.