The American Credit Union Mortgage Association has begun to lobby Congress and the Administration in support of extending the $8,000 new home buyer tax credit.

With Friday's failure of Cumorah Credit Union, the head of the industry's primary private insurer expressed new confidence in the health of the private system maintaining that "all the right moves" were made in the out-of-state Nevada takeover.

It's a memorable and poignant one day trip for Don Wolford, the chief financial officer of Winston-Salem City Employees Credit Union, which is why the flight from the North Carolina city to Washington is being called the World War II "Flight of Honor."

As the number of occupancy rates continues to decline in commercial properties, several bank regulators are working together to come up with guidelines for loan workouts.