NEW YORK -- The National Federation of Community Development Credit Unions is hearing an unprecedented level of complaint and concern from its members about the most recent round of grants from the U.S. Treasury Department's Community Development Financial Institutions Fund.

NEW YORK -- Community development credit unions appear to face little direct impact from the bankruptcy and the buy out of two of the nation's largest investment banks, but may find money for grants harder to get, according to a CDCU leader.

HOUSTON -- With credit union property losses expected to reach the millions from Hurricane Ike, scores of Texas and Louisiana credit unions were doing preliminary damage assessment Monday as many flooded branches and headquarters remained closed in areas without power.

ROSEVILLE, Calif. -- After a conversation today with a concerned credit union CEO on what he should be doing with his broker in the midst of the Lehman Brothers bankruptcy filing and Merrill Lynch acquisition, one noted industry expert emphasized "this is not Enron."