News

DENVER -- Given tough economic conditions, the merger trend among both the "high profile large credit unions" and among smaller ones is definitely on the increase in 2008 with boards and senior management more open than ever about discussing consolidation, a top Denver merger consultant said Friday.

WASHINGTON -- The National Association of Realtors said that sales of existing home fell by 1% to 4.89 million units, making for a match with the all-time low slump set last January.

WASHINGTON -- The National Association of Realtors said that sales of existing home fell by 1% to 4.89 million units, making for a match with the all-time low slump set last January.

WASHINGTON --Assets of federally insured credit unions increased by 5% to $792.2 billion during the first quarter of 2008, according to data released by the NCUA based on information submitted in Call Reports by the credit unions.

NEWPORT BEACH, Calif. -- Those Canadian stick figures on YouTube scored another big U.S. marketing award.

AUSTIN, Texas -- Teres Solutions Inc. said it now has more than 175 credit unions and other financial institutions using its direct and indirect lending automation products.