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Mark E. Kasson, former CEO of the Credit Union Group Credit Union, accepted a plea bargain, acknowledging guilt for making false entries to the CU's records just before a state and NCUA exam was to take place.

Mark E. Kasson, former CEO of the Credit Union Group Credit Union, accepted a plea bargain, acknowledging guilt for making false entries to the CU's records just before a state and NCUA exam was to take place.

American Airlines Federal Credit Union said today that Angela K. Owens has been named the new president.

The banking lobby was able to push small business tax relief through as part of the U.S. Troop Readiness and Iraq Appropriations Act (H.R. 2206), providing $4.84 billion in tax relief for thousands of small businesses and community banks.

The widespread effort to build a national memorial to honor the legacy of Dr. Martin Luther King Jr. has made a huge leap forward thanks to the generosity of the credit union movement.

The Government Accountability Office today released a study finding that credit unions have not negatively impacted the ability of banks and thrifts to make money.