DALLAS–Some bonds backed by subprime auto loans are beginning to see performance issues resulting from delinquencies in the underlying loans.
Fresh Today
HELENA, Mont.–Trico Community Federal Credit Union here is now operating with a new name and a new charter.
MADISON, Wis. – The National Credit Union Foundation has recently released a new toolkit for credit unions, a Credit Union Philanthropy & Foundation Toolkit, to assist staff looking for information and resources about charitable and outreach activities, operating or starting their own foundation, and more.
ALEXANDRIA, Va.–A video on the advantages of member business lending has been released by NCUA.
MONETT, Mo.–JHA Payment Solutions, a unit of Jack Henry & Associates, said it has entered into a partnership with The Clearing House (TCH) to expand the scope of U.S. financial institutions equipped to send and receive new real-time transactions.
JOHNSON CITY, Tenn.—The $1.5-billion Knoxville TVA Employees CU has bought the naming rights to the home stadium of the Johnson City Cardinals.
The Johnson City Cardinals are a minor league affiliate of the St. Louis Cardinals and play in the Appalachian League.
TOPEKA, Kan.–The $268-million Quest Credit Union and the $198-million Educational Credit Union are reporting they are on track to merge and operate under a new name.
DULUTH, Ga.–The Georgia Credit Union Affiliates has named the winners of its Moses C. Davis Professional and Volunteers of the Year Awards, which are named after the founding father of Georgia credit unions.
NEW YORK–The 2006-2009 housing slump reduced wealth by $7 trillion.
ALEXANDRIA, Va.–NCUA Chairman Debbie Matz told Congress that it will be the end of 2017 before the agency will be able to decide if it can move to an 18-month exam cycle for some credit unions.