News

WASHINGTON --Treasury Secretary Henry Paulson today announced the expansion of the White House mortgage rescue plan which effectively freezes payments for borrowers who are 90 days behind to allow more time for work-outs with lenders.

WASHINGTON --Treasury Secretary Henry Paulson today announced the expansion of the White House mortgage rescue plan which effectively freezes payments for borrowers who are 90 days behind to allow more time for work-outs with lenders.

WASHINGTON -- In a cooperative action, CUNA and NAFCU have jointly sent a letter to Senator Christopher Dodd (D-Conn.) chairman of the Banking, Housing and Urban Affairs Committee, opposing an amendment by Senator Mike Crapo (R-Idaho) that would provide significant regulatory relief to banks but not credit unions.

WASHINGTON -- In a cooperative action, CUNA and NAFCU have jointly sent a letter to Senator Christopher Dodd (D-Conn.) chairman of the Banking, Housing and Urban Affairs Committee, opposing an amendment by Senator Mike Crapo (R-Idaho) that would provide significant regulatory relief to banks but not credit unions.

WASHINGTON -- CUNA President/CEO Dan Mica and Steve Preston, administrator of the Small Business Administration, met today to discuss the credit union industry's growing participation in the agency's loan programs.

SAN DIEGO -- California Coast Credit Union President/CEO Jim McPheters is retiring effective April 1, 2008.