Credit Union Times | Accurate and Timely CU News

New Fed Funds Rate Pushes Corporate Spread Income Higher

By Heather Anderson

TALLAHASSEE, Fla. -- Turns out, the financial crisis has brought at least one small glimmer of good news to corporate credit union balance sheets.

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Ike Disaster Funds Reach $469,000

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Tropical Financial Woos Businesses With Coffee Talks

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October 08, 2008

Maine CU CEO Writes Against KV Merger

AUGUSTA, Maine -- Even though he acknowledged the merger between the $51 million KV Federal Credit Union and Kennebec Savings Bank would take a competitor out of his market, the vice president of another Augusta credit union said that the merger is a bad deal for credit union members.

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October 08, 2008

Vancity Deploys Data Integration Tools

VANCOUVER, British Columbia -- Canada's largest credit union is the first to use the Master Data Service platform from Chicago-based Initiate Systems Inc.

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October 08, 2008

Fed Funds Cut by Half Point; Other Central Banks Take Similar Actions

WASHINGTON-- Responding to the continuing woes of the world's financial markets, the Federal Reserve today joined with other leading central banks to cut key interest rates.

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October 07, 2008

Discover Poised for Potentially Large Payment From Visa, MasterCard

RIVERWOODS, Ill. -- Discover Financial Services stands to receive a significant payout from the resolution of some long-standing litigation with Visa and MasterCard.

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October 07, 2008

Federal and State Officials Order Resource One CU to Halt Safety Ads

WASHINGTON -- For the second time in less than a month, federal and state authorities have coordinated efforts to force a Texas credit union to stop running advertisements that the agencies say question the safety of deposits at banks.

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October 07, 2008

Another Injured Solider Unit in Germany Made Possible Thanks to Andrews Federal Credit Union

SUITLAND, Md. -- Injured soldiers have another Warrior Transition Unit to recover in thanks to Andrews Federal Credit Union.

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October 07, 2008

Billion Dollar Banks' Perception of Small Business May Be Off Base

BOSTON -- Even as credit unions continue to build their presence with small businesses, there appears to be a disconnect between large banks' perception of the small business space and their ability to actually reach them.

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Top News Stories

New Fed Funds Rate Pushes Corporate Spread Income Higher

Ike Disaster Funds Reach $469,000

Tropical Financial Woos Businesses With Coffee Talks

Recommended Just For You

News Stories

Maine CU CEO Writes Against KV Merger

Vancity Deploys Data Integration Tools

Fed Funds Cut by Half Point; Other Central Banks Take Similar Actions

Discover Poised for Potentially Large Payment From Visa, MasterCard

Federal and State Officials Order Resource One CU to Halt Safety Ads

Another Injured Solider Unit in Germany Made Possible Thanks to Andrews Federal Credit Union

Billion Dollar Banks' Perception of Small Business May Be Off Base