The former board members of Western Corporate Federal Credit Union announced yesterday that they wouldn't mount a legal challenge against NCUA's decision to place WesCorp into conservatorship.

With all of the attention on saving big banks and the auto industry, one CUSO CEO is hopeful that the new Small Business Administration leader will see the potential for small businesses to restore the nation's economy.

BASTROP, Texas - Credit union executives attending CO-OP Financial Services' THINK 09 conference were told that taking a critical look at their point of sale networks could save their credit unions a good deal of money.

Approximately 450 individuals and organizations filed comment letters with the NCUA on changes to the structure of corporate credit unions, the agency said today.