News

Do lawsuits filed by the California Public Employees' Retirement System against ratings agencies Moody's and Standard & Poor's mean credit unions can also sue over AAA-rated corporate securities turned junk?

Just as shunned bank customers continue searching for credit sources, many of CIT Group Inc.'s smaller business clients may also turn to credit unions for alternative financing.

Fiserv, Inc. has announced that its loan servicing platform is compliant with the U.S. Treasury Department's guidelines on home loan modifications.

Credit union economists agree on why credit unions are booking more mortgages on their balance sheets: Secondary market prices are discounted and consumer loans not only bring credit risk, but demand is low.

Scaling back underperforming operations, America's Christian Credit Union of Glendora, Calif. recently closed two of its branches.

Nearly half of small businesses still rely on traditional methods to promote their companies even though many of them are establishing a presence on Facebook, Twitter, LinkedIn and MySpace, according to a survey.