News

NCUA liquidated the remains of the troubled Huron River Area Credit Union on Saturday, Nov. 17 and sold it to Detroit Edison Credit Union in a purchase and assumption.

Two more credit unions have signed up to use the UPost online honor deposit solution from eCU Technologies, bringing the client list to 35.

The Small Business Administration is strongly encouraging credit unions and other lenders that participate in its small business loan programs to provide deferment relief for borrowers in California's disaster-declared areas.

Reader feedback to a local story about a credit union to bank charter conversion suggests that member opposition to the move is at least flickering among some of the members of the $113 billion First Basin Credit Union.

The House last night passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) with some amendments but not a key one for credit unions.

The House last night passed the Mortgage Reform and Anti-Predatory Lending Act of 2007 (H.R. 3915) with some amendments but not a key one for credit unions.