News

MONTEREY, Calif. - The California and Nevada Credit Union Leagues have unveiled a redesigned public and members-only Web site (www.ccul.org) at the Big Valley Educational Conference.

MONTEREY, Calif. - The California and Nevada Credit Union Leagues have unveiled a redesigned public and members-only Web site (www.ccul.org) at the Big Valley Educational Conference.

TRENTON, N.J. -- A class action lawsuit filed on behalf of shareholders of Hovnanian Enterprises, Inc., alleges that company principles including CEO Ara Hovnanian willfully misled and deceived them over the extent of liability the company faced in Florida real estate.

MONTEREY, Calif. -- Though net income, ROA and net worth ratios are expected to fall in 2008 and 2009, credit unions shouldn't put too much effort into offsetting them, CUNA Chief Economist Bill Hampel warned directors attending the Big Valley Educational Conference this morning.

WASHINGTON -- Spurred by a number of factors, socially responsible investments increased 18% while other investments under management edged up less than 3% between 2005 and 2007, according to a new report from the Social Investment Forum.

BOULDER, Colo. -- Fulfilling an expansion pledge after dropping its federal charter, the $760 million Elevations Credit Union is adding three new branches in Boulder and Broomfield Counties over the next 12 months.