News

WASHINGTON - Credit Union members, both civilian and military, who are stationed for a time on the South Pacific Island of Guam will soon be able to access their credit union accounts at home-if their home credit unions participate in shared branching.

The recent record market drops has caused some investors to revert "back to hoarding cash."

ATLANTA -- Foreclosed property sales jumped from 500 in 2006 to 2,600 in 2008 said CUNA Mutual Group's Commercial Insurance Division Senior Vice President Jack Goodwin.

WASHINGTON - NCUA Chairman Michael E. Fryzel promised today that his agency would redouble its efforts to find a more palatable solution to the corporate credit union rescue plan.

As credit unions debate whether or not to accept government bailout money, the ownership of big banks will be determined by stress testing, beginning tomorrow.

WASHINGTON - CO-OP Financial Services has been certified on a software package that will allow credit unions to offer shared branching services through existing NCR manufactured ATMs, according to an executive with the CUSO.