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Belco Community CU Members File Retirement Fund Loss Lawsuit

By Michelle A. Samaad

HARRISBURG, Pa. -- Five members filed a lawsuit against Belco Community Credit Union on Sept. 18 claiming the financial institution failed to disclose the commissions it earned through it's partnership with CUNA Brokerage Services Inc., which they say resulted in losses to their retirement savings.

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Two CUSOs Will Merge

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FHA Warns Lenders Against the Growing Threat of 'Buy and Bail' Borrower Schemes

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October 07, 2008

Liquidity Fund for CUs Increases

WASHINGTON -- Credit unions will have more funds available to shore up any liquidity shortfall as a result of Congress' decision to increase the cap on the on the central liquidity facility.

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October 07, 2008

Payday Program Wins Carolina Postal VP CUES Future Leader Award

MADISON, Wis. -- The Credit Union Executives Society has recently named Carolina Postal Credit Union Vice President Marketing/Business Development Deb McLean as a 2008 CUES future leader.

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October 07, 2008

Without a Merger, Peak5, a Vestige of the Failed Centrix, May Close

CENTENNIAL, Colo. -- Peak5, which rose from the ashes of failed Centrix earlier this year, is looking for a buyer.

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October 07, 2008

GECU's Savings Challenge: College Edition

EL PASO, Texas -- Greater El Paso Credit Union has discovered the secret to reaching Generation Y: give them $10,000.

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October 07, 2008

Pa. High Court Sends Community Charter Case Back to Lower Court

WASHINGTON -- The Pennsylvania Supreme Court ordered a lower court to re-hear a challenge to community charter approvals for three state-chartered credit unions.

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October 07, 2008

Ike-Battered Texas Credit Unions Trudge On Through Cleanup

BEAUMONT, Texas -- The massive cleanup process began in earnest last week for those Ike-battered Texas credit unions now shifting their attention to aiding stricken employees and members while restoring normal operations.

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October 07, 2008

Small Businesses Are Making Hard Choices, CUs Are Making Loans

NEW YORK -- After two weeks of harried scrambling to save the country's financial system, small business owners may be wondering how the outcome will affect them down the road.

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Top News Stories

Belco Community CU Members File Retirement Fund Loss Lawsuit

Two CUSOs Will Merge

FHA Warns Lenders Against the Growing Threat of 'Buy and Bail' Borrower Schemes

Recommended Just For You

News Stories

Liquidity Fund for CUs Increases

Payday Program Wins Carolina Postal VP CUES Future Leader Award

Without a Merger, Peak5, a Vestige of the Failed Centrix, May Close

GECU's Savings Challenge: College Edition

Pa. High Court Sends Community Charter Case Back to Lower Court

Ike-Battered Texas Credit Unions Trudge On Through Cleanup

Small Businesses Are Making Hard Choices, CUs Are Making Loans