Credit Unions Online

Great Recession Effects Linger At Banks And Credit Unions
January 04, 2010

Economists are pointing to signs that the Great Recession will soon be in the rear view mirror.

• Mortgage Applications Increase As Rates Drop Further
  September 02, 2010
  Mortgage rates hit another record low since Freddie Mac began the PMMS. Home sales are at historic lows as well due to the tax credit expiration and a weak job market.
• First American Credit Union Liquidated by NCUA
  September 01, 2010
  NCUA was appointed liquidating agent of First American Credit Union of Beloit, Wisconsin by the Wisconsin Office of Credit Unions on August 31, 2010.
• Kappa Alpha Psi Federal Credit Union Liquidated by NCUA
  August 31, 2010
  NCUA made the decision to close Kappa Alpha Psi FCU and discontinue its operation after determining the credit union is minimally capitalized.
• Shepherd's Federal Credit Union Opening in September 2010
  August 26, 2010
  Shepherd’s Federal Credit Union was chartered to serve the approximately 1,400 members and employees of Unity, the Way of Holiness Christian Church in Charlotte.
• Mortgage Rates Continue to Slide Downward Along With Home Sales
  August 26, 2010
  Mortgage rates hit another record low since Freddie Mac began the PMMS. Home sales are at historic lows as well due to the tax credit expiration and a weak job market.
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