News

Last week, Wisconsin Gov. Jim Doyle put an end to a measure that would have allowed Educators Credit Union in Racine, Wis., to continue to sell cars.

Credit unions filed 9% more Suspicious Activity Reports last year, according to data released by the Treasury Department.

The Golden One Credit Union President/CEO Terry Halleck said she's not worried about accepting state-issued IOUs even though major banks have said they'll stop cashing them for customers Friday.

Credit unions had $236.8 billion in outstanding consumer credit in May, up from $235.8 billion in April, the Federal Reserve reported today.

Citing economies of scale, the $61 million Desert Energy Credit Union of Tucson, Ariz., has agreed to a voluntary merger with the $330 million Pima FCU.

First Tech Credit Union and Oregon Community Credit Union joined forces with brass|MEDIA Inc. to provide free personal finance resources and instructional materials to Oregon students and teachers.