News

The $170 million Cumorah Credit Union, with a membership tied to the Mormon Church of Nevada, has completed a Dec. 31 merger of the $27 million Kolob Credit Union in nearby Henderson, which also is linked to the church.

Special Report: Mortgages Credit unions of all sizes can benefit from vendor relationships in the mortgage business. Read about that and more mortgage news in the special report on pages 18-21. Remembering Ford The passing of President Gerald Ford was recognized by credit union groups. Ford has some history with...

As the New Year rings in a new Congress, NAFCU and its board members were on hand to attend a number of swearing-in ceremonies and other events for incoming members of Congress as well as old friends.

Despite low interest rates and a favorable economic environment during the past several years, the subprime mortgage market has experienced high foreclosure rates comparable to the "worst foreclosure experience ever in the modern prime market," according to a new report released by the Center for Responsible Lending.

Credit union ATM network CU24 has finished its switch conversion from Fiserv to Fifth Third.

Existing home sales during November 2006 increased by 0.6% to 6.28 million units on an annualized basis according to NAFCU's recently released Macro Data Flash on existing home sales. It was the second month in a row that existing home sales have jumped, an occurrence that last happened more than...