News

ALEXANDRIA, Va. -- The $10.5 billion Pentagon Federal Credit Union has joined the National Cooperative Business Association, a move which the CU said should help emphasize its identity as a financial cooperative. The NCBA is the lead national membership association representing cooperatives of all types and in all industries.

TORONTO -- Provincial Credit Union Centrals and Desjardins Group announced today the completion of a partnership between Northwest Funds and Ethical Funds that will create a $5.5 billion investment firm.

SHREVEPORT, La. -- A snapshot poll comprised by the African-American Credit Union Coalition currently shows that subprime mortgage loans are causing most of the delinquencies in loan portfolios.

DEARBORN, Mich. -- Marking what is being described as an "history-making" patronage payout of $17 million, the $1.8 billion DFCU Financial CU went out of its way Thursday to remind the public of its role in trying to help the state's deeply troubled economy.

PORT CHARLOTTE, Fla. -- Americans put over $2.2 trillion on their major credit cards for purchases and cash advances, according to CardTrak.com, a Web site which tracks card trends.

NEW YORK -- A new report from market research firm Packaged Facts indicates that children aged 12-17 are ready for greater involvement with financial services in general and cards in particular.

DALLAS -- The Texas Credit Union Foundation has dispersed a record $360,423 in grants in 2007.

VIENNA, Va. -- For Navy Federal Credit Union, branching out has been essential to enhancing its first class member service and providing more member convenience.