News

WASHINGTON - The NCUA today asked for credit unions to be eligible for Troubled Asset Relief Program funds and an increase in the amount of money the insurance fund can borrow from the Treasury Department.

ARLINGTON, Va. -- Credit unions are seeing delinquency in their credit card portfolios rise, but the numbers still lag those being posted by bank credit card issuers, according to data from the American Bankers Association and Asset Exchange.

SAN FRANCISCO - The current economic climate has got consumers taking a closer, harder look at their debt.

WASHINGTON - In one of his last acts in office, President Bush plans to ask Congress to release the additional $350 billion allocated for the Troubled Assets Relief Program though lawmakers want to place additional safeguards on how the money is spent.

SAN DIMAS, Calif. - Western Corporate FCU is offering a free webcast at 11 a.m. Pacific Time on Wednesday for credit unions interested in participating in the CU SIP program.

WASHINGTON - In another blow to the GOP's chances to regain control of the Senate in next year's elections, Sen. George Voinovich (R-Ohio) announced today he would not seek re-election in 2010.