COLUMBUS, Ind. - Loans continue to outpace savings and as such credit unions are looking for liquidity options. Primary Financial, a CUSO owned by every corporate credit union in the nation, said that more credit unions are turning to its SimpliCD program to issue share certificates to other CUs in...

WASHINGTON-CUNA has created an umbrella operation, the "Relief Effort and Support for Credit Unions" (R.E.S.C.U.), for greater efficiencies in relief efforts directed towards credit unions and their members affected by Hurricane Katrina. "CUNA and the Leagues had already been accomplishing a large chunk of a relief effort for credit unions,...

I am writing to comment on Mike Welch's Aug. 31 column concerning whether or not fewer credit unions are a bad thing; or maybe not. Clearly, consolidation within our ranks has been an evolving factor and will undoubtedly continue. We are all facing increased cost pressures, declining margins and an...

WASHINGTON-The Consumer Federation of America and the National Association of Consumer Bankruptcy Attorneys called the new bankruptcy law scheduled to go into effect Oct. 17 a "cruel second blow" to Hurricane Katrina victims. "The harsh new provisions.should be delayed for at least one year," NACBA Director Brad Botes, a principal...