The NCUA is primarily focused on addressing corporate safety and soundness issues, and less interested in tinkering with the structure of the system, said Brad Miller, executive director of the Association of Corporate Credit Unions.

The current economy may have sparked a demand for financial planning careers. The College for Financial Planning has responded by cutting its "foundations in financial planning" course cost from $785 to $385.

Members United Corporate FCU management estimates the corporate will record a $511 million loss against its capital base over the next couple of months, wiping out all retained earnings and paid-in capital.

President Obama confirmed this afternoon that Supreme Court Justice David Souter informed him that he is retiring from the high court when its term ends in June.