News

NCUA Executive Director J. Leonard Skiles has selected Office of Examination and Insurance Deputy Director Larry Fazio to be the deputy executive director of the NCUA.

TROY, Mich. -- In the midst of the state's tough economy, the growing entry of Michigan's credit unions into business lending was recently profiled.

The question of whether or not a state-chartered credit union must pay federal taxes on the part of its business operations that the IRS has deemed unrelated to its tax-exempt work moved a bit closer to resolution this week.

The $1 billion Navigant Credit Union was one of several entities that supported the Women's Summit, a conference that brought nearly 1,000 attendees here from across southeastern New England.

Amid the nation's economic uncertainty, credit unions in Pennsylvania and elsewhere are now being viewed as having bedrock stability, making it imperative that they "shine and grow," according to President/CEO of the Pennsylvania Credit Union Association James McCormack.

Amid the new anxiety over the economy, the $705 million Hiway Federal Credit Union is discovering that its year-old credit counseling program is paying off after it signed on with a Minneapolis agency.

Brokerage firms and independent advisers lead the pack in financial planning for consumers, according to a new wealth management study from Aite Group.

A class action lawsuit has been filed on behalf of shareholders of Hovnanian Enterprises Inc. alleging violation of the Securities and Exchange Act of 1934. In August 2005, Hovnanian bought First Home Builders of Florida, the developer that built homes in Cape Coral and Lehigh Acres, many of which were...