News

FARMERS BRANCH, Texas -- As part of the industry's invigorated safety and soundness campaign, the Texas Credit Union League said Friday it is now offering its members a safety and soundness tool kit to assist in conveying the CU insurance message.

WASHINGTON -- In a dramatic reversal of its vote four days ago, the House today approved 263-171 a bill to create a $700 billion fund to purchase illiquid assets from credit unions and other financial institutions and temporarily raise the amount of deposit insured by the federal government.

WASHINGTON -- In a dramatic reversal of its vote four days ago, the House today approved 263-171 a bill to create a $700 billion fund to purchase illiquid assets from credit unions and other financial institutions and temporarily raise the amount of deposit insured by the federal government.

WASHINGTON -- Freddie Mac yesterday released the results of its Primary Mortgage Market Survey in which the 30-year fixed-rate mortgage averaged 6.10% with an average 0.6 point for the week ending Oct. 2, 2008, up from last week when it averaged 6.09%. Last year at this time, the 30-year FRM...

WASHINGTON -- Credit unions should not question the safety of bank deposits in an effort to gain more members, NCUA Chairman Michael E. Fryzel wrote in a letter to the leaders of federal credit unions.

DES MOINES, Iowa -- The Members Group has moved its card fraud protection back in house, the card processor associated with the Iowa Credit Union League announced.