News

SUITLAND, Md. -- Chris McDonald has been named the new president/CEO of $801 million Andrews Federal Credit Union effective May 12.

ALEXANDRIA, Va. - Members of the $96 million Northeast Community Credit Union will have to read NCUA's charter conversion statements and vote again if the CU wants to merge with a local bank.

WASHINGTON -- U.S. Rep. Yvette D. Clarke (D-N.Y.) praised the record of credit unions in serving low-and middle-income consumers, during a House floor speech on Tuesday.

WASHINGTON -- NAFCU has launched a program to expand awareness of financial literacy among Hispanics.

ALBUQUERQUE, N.M. -- New Mexico Educators Federal Credit Union has begun deploying UNIVERGE unified communications infrastructure and applications from NEC Unified Solutions Inc. of Irving, Texas.

BOSTON -- A report prepared by the State Foreclosure Prevention Working Group released yesterday found that current mortgage industry measures to keep homeowners out of foreclosure are barely keeping pace with the rising rate of homeowners in trouble.