News

LA JOLLA, Calif. -- Two top economists launched WesCorp's Future Forum with the same good news, bad news scenario many industry economists have already predicted: The forces driving the current economic downturn are severe and unique. However, thanks to a lack of traditional recession indicators, it shouldn't be terribly severe.

WASHNGTON -- Like so many warranty disclaimers, NCUA has said credit unions can use CUSO loan experts but certain restrictions apply.

LA JOLLA, Calif. -- NCUA Director David Marquis didn't have much good news for WesCorp Future Forum attendees during his presentation on the event's first day. Not only has the agency charged $215 million to NCUSIF reserves so far in 2008, but last year's NCUA employee collective bargaining agreement and...

HONOLULU -- Members of Aloha Airlines Federal Credit Union are proving to be a resilient lot even after nearly 1,000 of them lost their jobs when Aloha Airlines closed its doors for good on March 31.

WASHINGTON --A fund to help victims of the subprime mortgage crisis and a reform of Fannie Mae and Freddie Mac are key components of a bill passed by the Senate Banking Committee last week.

WASHINGTON -- To make it accessible to even more credit unions and community banks, the Small Business Administration has extended its Small/Rural Lender Advantage program to Kansas, Iowa, Nebraska and Missouri.