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Self-Help FCU Purchases $141 Million in Mortgages
The Hinsdale Bank & Trust Company in Hinsdale, Ill., accepted Second Federal's depositors and roughly $14 million in assets, mostly cash.
Anonymous protests planned over government surveillance
Hacker collective Anonymous is planning worldwide protests against government surveillance systems. Monday's targets include TrapWire and INDECT, which the shadowy group says track and profile citizens.
Hurricane Sandy: Business Interruption Claims Looming
Business interruption and contingent business interruption claims loom as a large issue following 'Superstorm' Sandy, as thousands of businesses of all sizes deal with flooding, physical damage, power outages, government orders and supply chain ...
Hurricane Sandy: Municipal Credit Union Hit by Complaints
“I'm a member and I'm stuck on Staten Island with no gas and no money due to MCU not crediting my account with a pension payment for direct deposit,” said a furious Municipal Credit Union Member Natasha Godby.
Hurricane Sandy: MCU's Direct Deposit Debacle Continues, 14000 Members Hit
As millions of New Yorkers continued Monday to struggle to recover from Hurricane Sandy's devastation, members of the $1.8 billion Municipal Credit Union have had to contend with another problem - no cash and no funds in their accounts to pay their bills.
Xceed Financial to Take In Safeway LAFCU
Members of the financially troubled Safeway Los Angeles Federal Credit Union in Norwalk, Calif., decided this week to merge with the $746 million Xceed Financial Credit Union in El Segundo, Calif.
4 More Tough Years for Coal
Since Obama's first presidential election victory, Peabody Energy (NYSE: BTU ) , Arch Coal (NYSE: ACI ) , Alpha Natural Resources (NYSE: ANR ) , Cliffs Natural Resources (NYSE: CLF ) , and Natural Resource Partners (NYSE: NRP ) all have underperformed ...
Coal ETFs Plunge on Election Results  Benzinga
CUNA's MBL Rally Draws a Packed House: Slide Show
Rep. Spencer Bachus (R-Ala.) shakes the hand of CUNA President/CEO Bill Cheney. Bachus, chairman of the House Financial Services Committee, was a surprise guest at the Tuesday night reception.
Paul Gentile Leaving NJCUL for New EVP Post at CUNA
"In his new role Paul will be developing and implementing an overarching, company-wide communications and marketing strategy so that we can more completely and comprehensively engage all of our key audiences and stakeholders," said Cheney.
NCUA: Number of Credit Unions Decrease, but Q3 Financial Numbers Improve
Third-quarter Call Report information released Thursday by the NCUA shows that while the number of credit unions continues to fall, the financial condition of those remaining continues to improve.