News

WASHINGTON -- It is still not clear whether any credit unions were among the victims of what the Securities and Exchange Commission is calling a $50 billion Ponzi scheme perpetrated by Bernard L. Madoff Investment Securities LLC.

PROVIDENCE, R.I. -- A small business stimulus package that will invest $165 million into small and mid-sized businesses over the next two years has received financial support from several Rhode Island credit unions and banks.

WASHINGTON -- Credit unions, which have already taken their fight against the unrelated business income tax

PEORIA, Ill. -- Members of San Jose, Calif.-based Valley Credit Union might have scratched their heads last week when they receive letters from the NCUA informing them that the agency had selected the $3.6 billion Citizens Equity First Credit Union

AUGUSTA, Maine -- Members of the $51 million KV Federal Credit Union who oppose their credit union's proposed charter change and merger with a local bank have begun to organize.

WASHINGTON -- Credit unions were given access to government assistance to help deal with the effects of the economic downturn, but it took a different form than the Bush administration promised.