Credit union interest in social networking picked up steam this week with the $1.6 billion Michigan State University of East Lansing, one of the nation's more active participants, signing up with YouTube.

Members of $1.1 billion Truliant Credit Union said they have cut back on eating out, entertainment and vacations as a result of the economic downturn.

Security Service Federal Credit Union in San Antonio is expanding its Colorado footprint this month merging the $13.7 million Aurora Catholic FCU.

Michael Williams, who has been Fannie Mae's chief operating officer and executive vice president since 2005, was named the new president/CEO today.