GREEN BAY, Wisc. -- The U.S. Department of Justice has made the first filing from the U.S. Government in the case of Community First Credit Union vs. The United States of America over whether or not the CU had to pay unrelated business income tax in the amount of $54,604.

FORT WORTH, Texas -- The consequences of an ATM security breach at a former credit union bank has begun to spread to other credit unions, according to an article in the Fort Worth Star Telegram.

WASHINGTON -- Casting aside fears of the "moral hazard" of rescuing an investment bank that bet so heavily on mortgage backed securities, the Federal Reserve and US Treasury Department engineered a buy-out of Bear Sterns by JP Morgan Chase for a mere $270 million, or $2 per share.

MONTEREY, Calif. -- Credit unions anticipating who will bid on Cal State 9's assets may have to wait awhile, based on talk among Big Valley conference-goers.