News

WASHINGTON --Treasury Secretary Henry Paulson announced a series of proposals this morning designed to prevent a reoccurrence of the conditions that led to the current mortgage meltdown and resulting credit crisis.

FRANKFORT, Ky. -- A restrictive anti-credit union bill backed by the Kentucky Bankers Association placing burdensome rules and limits on CU branches is apparently dead for this session, the Kentucky Credit Union League said Thursday.

AUSTIN, Texas -- The Texas Credit Union Department declined to comment directly on what is going on at the $115 million First Basin Credit Union but said it was keeping an eye on the situation.

HOBOKEN, N.J. -- The Credit Union Times Web site (www.cutimes.com) will be moving to a new server platform on March 14th at 5:30 p.m. eastern.

HOBOKEN, N.J. -- The Credit Union Times Web site (www.cutimes.com) will be moving to a new server platform on March 14th at 5:30 p.m. eastern.

ODESSA, Texas -- Shem Culpepper, the CEO of the $115 million First Basin Credit Union explained that while his credit union is seeking to depose its own members who opposed the CU's recent failed attempt to convert to a mutual bank, the real target of the CU's "investigation" is the...