News

WASHINGTON -- Existing home sales dropped 2.6% in June and jobless claims increased last week, according to data released today.

PHOENIX -- Using both its Website and a letter to members, the $1.9 billion Arizona Federal Credit Union went public this week on a $42.5 million mid-year "hit" of loan losses attributed to what its CEO said was the poor economic conditions in Arizona "impacting our members' financial well being...

WASHINGTON -- At a time of public concern about the safety of their deposits, the NCUA Chief Financial Officer Mary Ann Woodson told the board today that the agency's Share Insurance Fund has $7.6 billion in assets and a strong equity ratio.

GARDEN GROVE, Calif. -- In celebration of last year's successful three-way merger between surviving $31 million California Agribusiness Credit Union and California's First Federal Credit Union and Knudsen Federal Credit Union, President/CEO Adam Denbo presented each non-management staff member with a $300 check.

DALLAS -- Viewpoint Bank, the former Community Credit Union, has shown strong performance despite a difficult economy, according to financial reports the bank's mutual holding company has filed with the Securities and Exchange Commission.

NORTH HIGHLANDS, Calif. -- SAFE Credit Union was recognized as the highest-ranking credit union in return to members in a peer-to-peer study of twenty credit unions performed by Callahan and Associates.