News

BRATTLEBORO, Vt. - The rise in gas and oil prices has some looking at other investments including those that have ties to environmentally-friendly companies. The New Alternatives Fund, for instance, is seeing renewed interest. Launched in 1982, it screens for companies that produce nuclear power, oil, and coal burning, as...

ALEXANDRIA, Va. - Pentagon FCU has tapped Internet-based brokerage FOLIOfn Investments, Inc. to become its exclusive provider of online brokerage and investment services. Members of the $8 billion CU will be able to purchase a range of stocks, exchange traded funds, mutual funds and American Depository Receipts, as well as...

WASHINGTON - A look at the top 50 credit unions in investments reveals that the average yield ranges between 2.32% and 5.03%. That's according to data from Callahan & Associates, Inc., which tracked investments at 9,062 credit unions for the period ending June 30. To make the top 50 listing,...

NEW YORK- When it comes to decisions on investment planning, men tend to carry out this function more than women. That's according to a recent survey from mutual fund company OppenheimerFunds Inc., which surveyed 1,000 investors. When it comes to buying and selling stocks for the family, 44% of men...

WASHINGTON - Before determining which benchmark is appropriate to determine portfolio and securities performance, credit unions might want to consider each of their characteristics. Callahan & Associates, Inc. reports that benchmarks serve several purposes from evaluating mutual funds and money managers to determining investment portfolio performance. Before a credit union...

MADISON, Wis. - The latest surplus fund data appear to be signaling that credit unions have "adequate" liquidity. Surplus funds, which includes cash and investments, currently total 29.3% of credit union assets but at $202 billion, funds are down 7.9% over the past year, according to CUNA Mutual Group's latest...

DUBUQUE, Iowa - As credit unions continue to build trust services divisions and alliances, some that haven't gone down that road yet may wonder if there's a real need. Six Iowa CUs that formed a partnership with First Community Trust, N.A. in 2001, have offered at least 14 reasons why...

TUKWILA, Wash. - For a credit union like BECU, which serves a large majority of employees who work for Boeing Co., a strike every three years or so is typically expected with both sides eventually agreeing to a favorable contract. But being on a strike, which can run anywhere from...