News

WASHINGTON -- Saying it was vital to restore confidence in the financial markets and the overall economy, Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson took their efforts to sell the $700 billion plan to buy illiquid assets from financial institutions to Capitol Hill today.

WASHINGTON -- Saying it was vital to restore confidence in the financial markets and the overall economy, Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson took their efforts to sell the $700 billion plan to buy illiquid assets from financial institutions to Capitol Hill today.

LAS VEGAS, Nev. -- Western Corporate President/CEO Bob Siravo wasted no time addressing the elephant in the room during his opening remarks yesterday afternoon at WesCorp's Credit Union Outlook economic and financial conference.

VANCOUVER, Wash. -- Amid the nation's financial upheaval, small and medium sized credit unions ought to be looking at mergers as a safe haven, attendees at the Washington Credit Union League annual convention were told over the weekend.

WASHINGTON -- The Small Business Administration has made it clear that it will not be forced to hire untrained and inexperienced workers to handle loan processing in the wake of Hurricane Ike.

ST. PETERSBURG, Fla. -- PSCU Financial Services, the payments CUSO serving at least 500 credit unions who process their credit and debit cards on the First Data Corp., is reaching out to credit unions in Texas that are still suffering the effects of Hurricane Ike.