News

Altura Credit Union is doing its part for furloughed University of California Riverside employees.

Despite some losses in the third quarter following a merger with troubled Eastern Financial Florida Credit Union, Space Coast Credit Union said its numbers are line with its initial projections.

The $18 billion Western Corporate Federal Credit Union recorded other-than-temporary-impairment charges totaling $356 million for the third quarter of 2009, the NCUA announced today.

After months of restructuring attempts, small business lender CIT Group Inc. said it has filed for Chapter 11 bankruptcy protection in part to get rid of $10 billion in debt.

The housing market continues to show signs of rebounding as pending home sales increased 6.1% in September, the National Association of Realtors reported today. It was the eighth consecutive monthly increase.

It's official, Columbia Credit Union has named interim CEO Steve Kenny as its new president/CEO.