News

MADISON, Wis. -- LaserTech, the electronic statement printing company that provided statement printing services to numerous credit unions shut down unexpectedly on April 4.

WASHINGTON -- More than 15 civil rights, consumer and housing groups joined together to issue a statement condemning the U.S. Senate for refusing to include changes in the bankruptcy code in the Foreclosure Prevention Act.

GRAND RAPIDS, Mich. -- Under a new Save the Dream law signed last week by Governor Jennifer Granholm, Michigan credit unions can now provide specialized mortgage refinance products to help ease the state's foreclosure crisis.

WASHINGTON -- The administration defended its role in the bailout of Wall Street investment bank Bear Stearns before the Senate Committee on Banking, Housing and Urban Affairs, saying that it was necessary to avert a greater breakdown in the financial market.

BROOKFIELD, Wis. -- Alaska USA Federal Credit Union plans to use a new Web-based cash management solution to optimize the supply chain among its 200 ATMs and 50 branches across Alaska and Washington state.

PORTLAND, Ore. -- Attendees from across the country convened in Scottsdale, Ariz. last month for CU Business Group's second annual conference.