As first reported in January, the National Credit Union Foundation has chosen Bucky Sebastian as its new executive director.

Housing starts increased 5.8% in April, following a 1.6% rise in March, according to a report issued today by the Commerce Department and the Department of Housing and Urban Development.

CUNA and NAFCU are using today's hearing by the House Financial Service on small business lending to reiterate their push to raise the cap on member business loans.

The $9.5 billion Members United Corporate Federal Credit Union released its April 2010 and year-end 2009 audit today, reporting additional OTTIs that will impair member capital shares by 97%.