News

In another sign that the economy is still causing consumers to be wary, sales of new homes fell 0.6% last month, the Commerce Department reported today.

Credit unions are holding their own in the popularity ranks while banks took a nosedive, according to a Texas Credit Union League phone survey.

Members of the $5.8 billion Suncoast Schools Federal Credit Union were recently alerted that thousands of their Visa check cards had been breached.

State Employees Federal Credit Union, Albany, N.Y., has promoted Executive Vice President John DeCelle to chief marketing officer.

The board of directors of Space Coast Credit Union approved the merger with Eastern Financial Florida Credit Union during a special meeting held on June 19, Space Coast announced late Tuesday evening.

Optimists hoping the NCUA's estimated $5.9 billion corporate stabilization price tag is too high received bad news during the regulator's webcast this afternoon: losses on mortgage backed securities could climb even higher.