DALLAS -- TNB Card Services, the card processing arm of credit union owned Town North Bank, announced it has purchased the credit card portfolio of the $104 million Zia Credit Union, headquartered in Los Alamos.

WASHINGTON -- In another effort to increase the flow of credit, the Federal Reserve announced today that it will purchase short-term debt.

WASHINGTON -- Credit unions declined to comment on the immediate effect of the financial rescue plan signed into law lastFriday. But one attorney suggests that CUs look for alternative sources of capital and to Europe for new loan products.

NEW YORK -- Nearly a week after setting the worst one-day point drop in history, the Dow Jones Industrials broke that record today, plunging 800 points, and then recovering some of that ground and closing down nearly 370 points.