News

WASHINGTON -- Using references to food, the Wild West and romance, Democratic and Republican House members today praised the work of credit unions during the current financial crisis.

HOUSTON -- Credit union regulators said, Wednesday, there are now 47 Texas CUs that remain non-operational, with many others functioning out of alternate work sites, shared branch centers or using backup generators.

ALEXANDRIA, Va. -- The NCUA announced the 10th federally insured credit union closure in 2008 yesterday by placing Interfaith Federal Credit Union in East Orange, N.J., into liquidation.

WASHINGTON -- Fearing the shutdown of the nation's largest insurer, the Federal Reserve lent AIG $85 billion and gave the government a substantial stake in the company.

WASHINGTON -- Fearing the shutdown of the nation's largest insurer, the Federal Reserve lent AIG $85 billion and gave the government a substantial stake in the company.

WALTHAM, Mass. -- Credit Union On-Line Inc. has hired a new director of data center operations to help the center with its continuing growth, the CUSO said.