ALEXANDRIA, Va. -- Almost 20% of insured shares were in credit unions with a rating of CAMEL 3 or higher last year and the NCUSIF's equity ratio fell to 1.24% last month, NCUA Chief Financial Officer Mary Ann Woodson told the NCUA Board today.

Credit unions seeking to promote the consumer-friendly nature of their mortgage programs might seek certification from a new consumer mortgage organization.

Online account opening-the first from a statewide credit union in Arizona-is the latest offering from $1.3 billion Arizona State Credit Union.

The National Credit Union Foundation has announced its search for an executive director to replace previous director Steve Delfin. Delfin left the Foundation at the end of last year to take the helm at America's Charities.