Credit Union Times | Accurate and Timely CU News

CUs Expect New Year Will Bring Slight Rise in Mortgage Delinquencies

By Staff Writer

HOBOKEN, N.J. -- The votes are in and, in the face of the subprime debacle ravaging other for-profit lenders, Credit Union Times readers are expecting their mortgage delinquencies to slightly increase in 2008.

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Riverset CU Files App for Duke FCU Merger

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Baby Boomers May Seek Flexible Work Schedules

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January 16, 2008

ABA Head Says CUs Should Pay UBIT As 'Good Corporate Citizens'

WASHINGTON -- Predictably Edward Yingling, CEO of the ABA, decried First Community Credit Union's litigation against the IRS and argued instead that the CU and all state chartered CUs should pay taxes on income the IRS has deemed unrelated to their core missions.

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January 16, 2008

HELOC Scam Aimed at Credit Unions

MADISON, Wis. -- A costly new attack by fraudsters on members with home equity lines of credit (HELOC) loans is being reported CUNA Mutual.

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January 16, 2008

HELOC Scam Aimed at Credit Unions

MADISON, Wis. -- A costly new attack by fraudsters on members with home equity lines of credit (HELOC) loans is being reported CUNA Mutual.

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January 15, 2008

Sterlent CU's Loan Portfolio Puts It on Edge of PCA

Sterlent Credit Union here appears to be feeling the bite of the real estate downturn and is losing money, losing members, and may be facing regulatory action.

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January 15, 2008