The NCUA filed suit in Los Angeles Superior Court Dec. 30 to replace seven natural person credit unions as plaintiffs in a negligence suit against current and former employees and volunteers of failed Western Corporate Federal Credit Union.

New year, new leader at Technology Credit Union.

In the New Year, consumers have said decreasing debt is their number one priority with savings taking a back seat, the National Foundation for Credit Counseling reported Monday in its monthly online survey of 6,100 individuals.

Owners of the $8.35 billion Members United Corporate Federal Credit Union can put their 2008 financial reports to bed now that the Warrenton, Ill.-based cooperative released its 2008 audited financial statements Dec. 31.