News

ST. LOUIS -- Thinking about building green? Design/build firm NewGround suggested that credit unions start going modular rather than traditional.

WASHINGTON -- The National Credit Union Foundation's 12 Innovation Grant for 2009 will go to help charter the first Latino credit union in Ohio.

WASHINGTON -- MIT Federal Credit Union has replaced one of the largest banks as a lender for private student loans at the MIT Sloan School of Management.

NEW YORK -- A $125,000 grant from the Internal Revenue Service is helping a coalition of 16 community development credit unions open Voluntary Income Tax Assistance sites.

WASHINGTON -NCUA Chairman Michael E. Fryzel urged Treasury Secretary Timothy Geithner to find ways to establish guidelines for credit unions to access Troubled Asset Relief Program money.

WILMINGTON, Del. -- ING DIRECT said it is moving forward with its plans to grow ShareBuilder Corp., the online brokerage with roughly 50 credit union clients despite grim news from its parent company that 7,000 job cuts are coming.