News

ARLINGTON, Va. - NAFCU Services Corp. has added Pentegra Retirement Services to its list of Preferred Partners to offer credit union members qualified retirement plans such as 401(k) plans and other defined benefit plans. The White Plains, N.Y.-based Pentegra manages more than $3 billion in qualified plan assets and offers...

WASHINGTON - To help thwart the growing number of investment fraud cases against senior citizens, the Securities and Exchange Commission was scheduled to hold its first-ever Seniors Summit July 17. The summit's agenda will include a session on seniors and investment fraud, an enforcement and examination update, and a panel...

CAMBRIDGE, Mass. - When it comes to investments, the age of the investor is certainly a strong predictor of behavior and perceptions. According to an extensive report from Forrester Research Inc. titled The Generations Of Financial Services Consumers-Examining How Financial Needs Differ Across Generations Of US Consumers, senior citizens, defined...

ATLANTA - While many Americans will have to work right up to the traditional retirement age of 62 or beyond, a growing trend shows some are being forced to retire sooner than they planned.

WASHINGTON - "Not-so-bad" loan growth and negative savings growth pushed credit unions' loan-to-share ratio up over 80% in May, according to CUNA's Monthly Credit Union Estimates.

NEW YORK - Some industry experts say penetration of investment services to members tends to be low but one minority group could be a way to increase numbers. According to the 2006 Black Investor Survey from Ariel Capital Management and Charles Schwab, the median black worker has saved $59,000 for...