New home sales rose 11% last month, the Commerce Department reported today.

NACUSO said business lending CUSOs are not affected by an anti-money laundering proposal from the Financial Crimes Enforcement Network.

Bank failures as well as financial mergers "remain negative influences" on the bank and credit union public, according to the president/CEO of Georgia's second largest CU, the $1.9 billion Atlanta Postal CU.

Sen. Jim Bunning, a member of the Banking Committee who often supported credit unions and criticized the Federal Reserve, announced today he will not seek re-election when his term expires next year.