News

ALEXANDRIA, Va. -- NCUA CFO Mary Ann Woodson told the board today that as a result of the sluggish economy, 5.58% of all insured shares are in credit unions with CAMEL 4 or 5 ratings and there are 337 credit unions with such ratings.

Consumer prices increased 0.3% last month, the Labor Department reported today.

Here's a tale about an ex-credit union CEO who abandoned the industry to take up a quirky new line of business and this month again received national TV exposure.

During a conversation at a NACUSO meeting in 2005, Bill Beardsley and Keith Reed found that they had many things in common.

The $415 Million Smart Financial Credit Union has rolled out instant issuance for debit cards.

Mandating that credit unions pay into a fund aimed at rescuing large financial institutions isn't equitable and would hurt credit union members, NCUA Chairman Debbie Matz wrote in a letter to House Financial Services Committee Chairman Barney Frank.