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Credit Union Member News

The Best Used Cars To Consider Before Buying New
The Best Used Cars To Consider Before Buying New - July 02, 2009Even with all the great deals out there for new cars, considering a used vehicle is still the best option for many peoples' budgets.

Pending Home Sales Up for 4 Months in a Row
Pending Home Sales Up for 4 Months in a Row - July 01, 2009The economy continues to show mild signs of improvement. Pending home sales are up again for the fourth straight month.

Making Home Affordable Refinance Program Expanded
Making Home Affordable Refinance Program Expanded - July 01, 2009The expansion of the program includes participation by borrowers who are current but up to 125 percent underwater on their mortgage.

June Auto Sales: Ford, Chrysler, and Toyota Down, GM Up
June Auto Sales: Ford, Chrysler, and Toyota Down, GM Up - July 01, 2009Auto sales for June were mixed, but mostly down. Ford, Chrysler, and Toyota all posted drops in sales as the weak economy and uncertain employment situations remain on consumers' minds.

2009 US Mint Presidential $1 Coin and First Spouse Medal Set Available July 14
2009 US Mint Presidential $1 Coin and First Spouse Medal Set Available July 14 - June 30, 2009The set, priced at $8.95, includes an uncirculated John Tyler Presidential $1 Coin and a bronze medal bearing the portrait of Letitia Tyler.

New Consumer Protection Office Proposed by NCUA
New Consumer Protection Office Proposed by NCUA - June 30, 2009National Credit Union Administration (NCUA) Chairman Michael E. Fryzel announced that he will propose the creation of an NCUA Consumer Protection Office in the 2010 Agency Budget.

Debit Card Use Higher Than Credit Card Use in 2008
Debit Card Use Higher Than Credit Card Use in 2008 - June 28, 2009This change may reflect consumers' desire to reduce or prevent credit card debt.

Federal Credit Unions Turn 75 Years Old
Federal Credit Unions Turn 75 Years Old - June 26, 2009The purpose of the law was to make credit available and promote thrift through a national system of non-profit, cooperative credit unions.

The FDIC Closed 5 Banks On Friday
The FDIC Closed 5 Banks On Friday - June 26, 2009The FDIC closed Community Bank of West Georgia, Neighborhood Community Bank, Newnan, Georgia, Horizon Bank, Pine City, Minnesota, Mirae Bank, Los Angeles and MetroPacific Bank, Irvine, California on Friday.

30 Year Fixed Mortgage Rates On The Rise
30 Year Fixed Mortgage Rates On The Rise - June 25, 2009Mortgage rates rise for 30 year fixed loans, but decrease for 15 year fixed loans.



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