The $5.4 million First Delta Federal Credit Union is striving to regain its financial health after an embezzling staff member stole more than $1 million over a nine year span.

A soft insurance market, the recession, the loss of construction clients, and ongoing litigation expenses led to Texans CUSO Insurance Group LLC to file for chapter 11 bankruptcy, the CUSO said today.

Southeast Corporate Federal Credit Union has announced CEO Bill Birdwell's February 2010 retirement, which will coincide with his 65th birthday, and the resulting search for his replacement.

Overdraft protection services, now getting high profile attention from lawmakers regarding both bank and credit union practices, is due for an airing Sept. 14 on the Texas Credit Union League's "Blog Talk Radio" program.