As an added layer to its asset management business, CUNA Mutual Group opened a new trading room here yesterday.

NAFCU said it is pleased with NCUA's position on Wings Federal Credit Union's $200 payments and is hoping it will end the financial institution's "hostile takeover bid" of Continental FCU.

Federal regulators issued a statement today urging financial institutions to work with homeowners in danger of falling behind in their mortgage payments as interest rate rise.

Last month's merger announcement of Southwest Corporate and Northwest Corporate and yesterday's announcement of a potential WesCorp/SunCorp merger have corporate credit union leaders talking about the future of the network.