The NCUA approved a charter for the East River Development Alliance Federal Credit Union in Queens, N.Y.

With just weeks left to go on its WeLiveFit! $10,000 challenge to the family who saved the most this year, Florida Commerce Credit Union is already looking for new families for next year's contest.

Credit unions dodged a bullet on Capitol Hill today when the House defeated an amendment by House Judiciary Committee Chairman John Conyers (D-Mich.) that would have given bankruptcy judges the power to rewrite the terms of mortgages.

Consumers continued to open up their wallets last month as retail sales increased 1.3%, following a 14% increase in October, the Commerce Department reported today.