News

WASHINGTON -- CU pioneer Chip Filson is organizing a new initiative on alternative capital for credit unions.

BOSTON -- Could a conspiracy of only 11 people have committed some of the most serious and sweeping card data thefts that have damaged CUs in the last three years? That is what the U.S. Department of Justice alleged in indictments handed down in Boston yesterday.

WASHINGTON -- The continuing woes of the housing industry again took their toll on mortgage buyer Freddie Mac as it today reported that during the second quarter revenues fell 28% and the enterprise lost $821 million.

WASHINGTON -- Port Trust Federal Credit Union was declared insolvent and ordered closed by NCUA on Tuesday.

GRAND RAPIDS, Mich. -- AAC Credit Union's video on the differences between credit union members and bank customers was so convincing that it won the CU*Answers "Lights, Camera, Action" contest.

PLANO, Texas -- Southwest Corporate Federal Credit Union has finalized an impressive line-up of speakers and officially opened the registration process for its 2008 Economic Forum, set for Oct. 28 and 29 at the Westin Galleria Hotel in Dallas.