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Financial Rescue Package to be Unveiled Tomorrow

Peter Westerman | February 08, 2009

WASHINGTON - Seeking to avoid competing for attention with efforts to pass the economic stimulus package, the Treasury Department has postponed today's scheduled announcement of a financial rescue plan until tomorrow.

Poking Fun, League Hands NCUA Director 'Flak Jacket'

Peter Westerman | February 08, 2009

OLYMPIA, Wash. -- NCUA's Region V Director Melinda Love was given a hunter's bright orange flak jacket to wear before taking corporate bailout questions at the Washington Credit Union League's annual GAC Conference over the weekend.

SBA Patriot Express Loans Still in Demand

Peter Westerman | February 08, 2009

WASHINGTON -- Even though the Small Business Administration had previously reported a significant drop in loan demand, the agency said participation in its Patriot Express pilot loan program continues to grow.

New SEC Chairman Cleans House on Fraud Prosecution

Peter Westerman | February 08, 2009

WASHINGTON -- In her new role as SEC Chairman, Mary Schapiro has halted a "penalty pilot" program.

California Bank Conservatorship Affects SimpliCD Investments

Peter Westerman | February 08, 2009

CULVER CITY, Calif. - A bank closed here on Friday has ties to Primary Financial's popular SimpliCD program.

Mid-Atlantic Hits Back at Corporate Blast

Peter Westerman | February 08, 2009

HARRISBURG, Pa. - Mid-Atlantic Corporate Credit Union stepped up its campaign to distance itself from U.S. Central calling attacks on the corporate network "irresponsible" as the Pennsylvania firm stressed again its improved performance.

Credit Unions Staying With National Foundation, Director Says

Peter Westerman | February 08, 2009

WASHINGTON -- In the face of the current economic downturn and uncertainty regarding corporate credit unions, credit unions are still investing in the National Credit Union Foundation, according to its Executive Director Steve Delfin.

Experian Backs Away From Participating in Free FICO Scores

Peter Westerman | February 08, 2009

SCHAUMURG, Ill. -- The Experian Group Ltd., one of the nation's three big credit reporting bureaus has announced that it is pulling out of a deal that allows consumers to see their credit scores for free.

State Employees' CU Welcomes Micro Lending Alliance

Peter Westerman | February 08, 2009

RALEIGH, N.C. -- After recently meeting with Muhammad Yunus, a 2006 Nobel Peace Prize winner who founded a mirco loan bank, State Employees' Credit Union is hoping to bring the lending model to North Carolina.

CUs Goes with iPay for Bill Pay

Peter Westerman | February 05, 2009

ELIZABETHTON, Ky. - iPay Technologies said it has signed $532 million Vantage Credit Union of Bridgeton, Mo., and $977 million Royal Credit Union of Eau Claire, Wis., as users of the company's consumer bill pay and small business services.

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Financial Rescue Package to be Unveiled Tomorrow

Poking Fun, League Hands NCUA Director 'Flak Jacket'

SBA Patriot Express Loans Still in Demand

New SEC Chairman Cleans House on Fraud Prosecution

California Bank Conservatorship Affects SimpliCD Investments

Mid-Atlantic Hits Back at Corporate Blast

Credit Unions Staying With National Foundation, Director Says

Experian Backs Away From Participating in Free FICO Scores

State Employees' CU Welcomes Micro Lending Alliance

CUs Goes with iPay for Bill Pay

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