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ECONOMY: Downturn's Effect On CUs Uneven Across Country

At McCoy FCU two weeks ago, a member of long standing with a mortgage and two car loans walked into the credit union and handed over the keys to...
Credit Union Journal, The, 09/29/08 by Ed Roberts, Washington Bureau Chief · More from publication -
MARKETS: Is There A Place For CUs In Government Bailout?

Bush administration officials crafting the massive government bailout of the mortgage markets made clear last week that credit unions will be...
Credit Union Journal, The, 09/29/08 by Ed Roberts, Washington Bureau Chief · More from publication -
CORPORATE: Corporates Mull Government Bailout Plan

Corporate CUs were weighing the pros and cons last week of the massive government bailout of the mortgages markets, which would ease some of the...
Credit Union Journal, The, 09/29/08 by Ed Roberts, Washington Bureau Chief · More from publication -
NCUA Chairman Fryzel: 'No Time For A Passive Approach' To Any Problems

New NCUA Chairman Michael Fryzel promised last week to monitor credit unions closely during the ongoing financial crisis, that is pushing many...
Credit Union Journal, The, 09/22/08 by Ed Roberts, Washington Bureau Chief · More from publication -
'Nobody Immune' As Analysts Tally Market's Effects On Portfolios, Options

Last week's earthquake in the financial markets was being felt throughout the credit union industry, as gyrating rates and a variety of holdings...
Credit Union Journal, The, 09/22/08 by Ed Roberts, Washington Bureau Chief · More from publication -
The New CU Objective: Weathering The Storms

Members of Congress from both parties agreed on one main lesson they learned from the ongoing financial crisis-the need for regulatory reform as a...
Credit Union Journal, The, 09/22/08 by Ed Roberts, Washington Bureau Chief · More from publication -
'Turmoil' Sends Corporate CUs On An Up, And Then A Down Ride

The travails of the financial markets the last two weeks have sent a handful of corporate credit unions on an up-and-down ride, lifting prospects,...
Credit Union Journal, The, 09/22/08 by Ed Roberts, Washington Bureau Chief · More from publication -
Its FOM Restricted, Members 1st FCU Has Message For Bankers

The bankers may have convinced a federal judge to scrap the broad community charter for Members 1st FCU, but that won't slow down the rapid growth...
Credit Union Journal, The, 09/22/08 by Ed Roberts, Washington Bureau Chief · More from publication -
Maine's KV FCU To Convert In Order To Merge With Local Bank

In a new permutation of a credit union conversion to bank, officials of KV FCU have tentatively agreed to merge into nearby Kennebec Savings Bank,...
Credit Union Journal, The, 09/15/08 by Ed Roberts, Washington Bureau Chief · More from publication -
Mortgage Markets Rebound After Fannie, Freddie Takeover

Credit unions were dipping their feet back into the secondary mortgage markets last week after the federal government takeover of financially...
Credit Union Journal, The, 09/15/08 by Ed Roberts, Washington Bureau Chief · More from publication


