News

Executives with the $1 billion Polish & Slavic Federal Credit Union have said that once they managed to settle the several long-standing lawsuits preoccupying the credit union they would spend some of the money they previously directed toward legal fees on their members instead.

The Office of Federal Housing Enterprise Oversight, which regulates Fannie Mae and Freddie Mac, has released its Strategic Plan for Fiscal Years 2006-2011 that outlines a strategy for strengthened regulatory framework of the housing Government-Sponsored Enterprises.

The North Bay Business Journal has selected Redwood Credit Union as one of the "Best Places to Work" in the North Bay.

Indications of the slowing real estate market are becoming evident in credit union mortgage portfolios. As of June 2006, CUs' first mortgage originations dropped to $27.3 billion from a high of $42.9 billion three years earlier at the height of the refinance boom. The good news though is CUs' delinquency...

The love of the game and his support for area sports' programs has earned Pat Hills, president/CEO of Flagship Federal Credit Union, a spot in the Port Huron Sports Hall of Fame.

When it comes to retirement planning, baby boomers may be painting an unrealistic expectation of how much they'll need to live on during their golden years, according to the third annual Lincoln Long Life survey released Nov. 1 by the Lincoln Retirement Institute.