News

WASHINGTON -- The NCUA is scheduled to unveil proposed changes to its rules on Prompt Corrective Action and on the definition of Post Merger Net Worth at its meeting next Thursday.

NEW YORK -- The FBI has added the insolvent IndyMac Bancorp Inc. to its list of financial corporations worth investigating, the Associated Press is reporting. The bank is under investigation for possible fraud in connection with home loans made to risky borrowers.

WASHINGTON -- Meriden FA Federal Credit Union, which had served members of the Franco-American Club in Meriden, Connecticut since 1954, was declared insolvent and ordered closed by NCUA today.

AUBURN HILLS, Mich. -- Digital Dialogue (www.digital-dialogue.com) has added a new executive position--director of member experience.

AUBURN HILLS, Mich. -- Digital Dialogue (www.digital-dialogue.com) has added a new executive position--director of member experience.

PITTSFIELD, Maine -- It may still be summer but Sebasticook Valley Federal Credit Union is looking to help its members stay warm this winter.