Credit Union Times | Accurate and Timely CU News

Economists Kick Off Forum With Good News, Bad News on Current Slump

By Heather Anderson

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.

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NCUA: CUs Can Use CUSOs as Loan Experts, With Restrictions

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Marquis Announces Changes at NCUA as Agency Adjusts to Industry Woes

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May 27, 2008

Aloha Airlines FCU Mulls New Direction; Community Rallies Around Workers

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.

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May 27, 2008

Senate Banking Committee Passes Mortgage Bailout Measure

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.

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May 27, 2008

Four More States Offer SBA's Rural Lender Advantage Program

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.

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May 27, 2008

Hayes Brings Marketing, Education Experience to WesCorp's Top Finance Post

SAN DIMAS, Calif. -- When new WesCorp Chief Financial Officer Jim Hayes was named Todd Lane's replacement after just five years of heading the corporate's marketing and business development department, those unfamiliar with Hayes and his background might have questioned the choice.

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May 27, 2008

SACU Picks Online Supplier

SAN ANTONIO -- San Antonio Federal Credit Union has signed a multiyear deal for online account opening services from Online Resources Corp.

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May 27, 2008

SEC Opens Up Small Business Financing Opportunities for CUs

WASHINGTON -- Now that the Securities and Exchange Commission has adopted an amendment to increase the availability of capital to certain smaller companies, credit unions and other lenders may be able to help more small businesses.

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May 27, 2008

Constitution Corporate, Seeing Advantage in Private Student Loans, Promotes H.E.L.P.

WALLINGFORD, Conn. -- With the cost of college tuition rising at a 7.5% clip annually, credit union member-parents with college bound kids are looking for some help and a bit of relief. A new program rolled out here by Constitution Corporate FCU and other corporates to their own CU members...

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Top News Stories

Economists Kick Off Forum With Good News, Bad News on Current Slump

NCUA: CUs Can Use CUSOs as Loan Experts, With Restrictions

Marquis Announces Changes at NCUA as Agency Adjusts to Industry Woes

Recommended Just For You

News Stories

Aloha Airlines FCU Mulls New Direction; Community Rallies Around Workers

Senate Banking Committee Passes Mortgage Bailout Measure

Four More States Offer SBA's Rural Lender Advantage Program

Hayes Brings Marketing, Education Experience to WesCorp's Top Finance Post

SACU Picks Online Supplier

SEC Opens Up Small Business Financing Opportunities for CUs

Constitution Corporate, Seeing Advantage in Private Student Loans, Promotes H.E.L.P.