As an article in Saturday's Denver Post took note of some Colorado credit unions' exposure to mortgage loans, including the "troubles" at Norlarco in Fort Collins, where loans in Lee County Florida make up 20% of the portfolio (with $70 million in default) two mortgage-centered CU associations are meeting here...

The U.S. District Court for the Middle District of Pennsylvania denied a motion by the American Bankers Association and other plaintiffs in its lawsuit against NCUA regarding its approval of a community charter for Members 1st Federal Credit Union and subsequent others.

With an eye toward gaining wider exposure on public TV, the credit union consortium putting on the "JA's BizKid$" broadcasts have set a January timetable for debut airing, the new chairman of the Washington Credit Union League said today.

Following its basic model on failed credit unions, NCUA remains in control on the outcome of the $268 million Huron River Area Credit Union of Ann Arbor, Mich. with no move so far to alter its status, a top Michigan regulator said today.