News

WASHINGTON -- In an attempt to slow the credit crunch, the Federal Reserve and several of its counterparts abroad pumped money into global markets today.

MADISON, Wis. -- The Federal Reserve's move to save American International Group probably did little to calm investor fears, but financial advisers continue to beat the drum for staying liquid and seeking out opportunities to augment long-term goals.

WASHINGTON -- In a widely expected move, a federal judge yesterday entered a remedy allowing three Harrisburg, Pa.-area credit unions to keep their new members but not recruit additional ones in their expanded field of membership.

FARMERS BRANCH, Texas -- Citing the urgency of helping victims of Hurricane Ike, the Texas Credit Union League and its foundation issued new industry appeals Wednesday for help on disaster relief.

SOPOT, Poland -- Poland's National Association of Cooperative Savings and Credit Unions' unconventional strategy to fund ATM and credit card development by creating a company and taking it public is being heralded as a success there. However, those attending a World Council of Credit Unions program in Poland aren't confident...

WASHINGTON -- The bill that requires FHA to accept seller-provided down payments has cleared the House Financial Services Committee.