News

For American First Credit Union, every year is an opportunity to give back to the community and 2006 was no exception.

State Employees' Credit Union is on a mission to help charities through its coin sorting machines.

Outstanding mortgage loans by credit unions climbed 10%, from $223.54 billion in December 2005 to $246.16 billion in September 2006. Total credit union mortgage loans outstanding now account for 49% of the total loans outstanding for the credit union industry. At $161.4 billion, or 32%, first mortgage outstanding loans lead...

The Fed's Board of Governors is publishing a final rule amending the staff commentary that interprets the requirements of Regulation C, Home Mortgage Disclosure. The amendment is designed to increase the asset-size exemption threshold for depository institutions based on the annual percentage change in the Consumer Price Index for Urban...

Unsurprisingly, the National Cooperative Business Association, an organization on record as opposing CU to bank charter conversions, has urged the NCUA to demand a revote.

The National Federation of Community Development Credit Unions wants more credit unions, and community development credit unions in particular, to find more ways to offer mortgages to their members.