CUNA Mutual Group: U.S. Credit Union Savings Pass the Trillion Dollar Mark for the First Time

A new CUNA Mutual Group report shows strong growth in savings, loans and memberships,
suggests strengthening middle-market economy. New auto loan balances increase at fastest pace on record.

Super Committee Gets to Work Today

The Joint Select Committee on Deficit Reduction, also known as the super committee, is holding its first meeting as it looks to cut the federal deficit by $1.5 trillion.

Bloomberg Investigation Confirms 2010 NWCUA Report on Stimulus Lending

A report released by Bloomberg this week revealed that the Federal Reserve secretly loaned more than $1.2 trillion, confirming published predictions made in recent years by NWCUA CEO John Annaloro.

Sen. Murray, Previous Supporter of Credit Unions’ Tax Exemption, to Co-Chair Powerful Committee Charged with Cutting Over $1.5 Trillion in Government Spending

The Northwest Credit Union Association is hopeful that Sen. Patty Murray’s appointment as co-chair of a new deficit reduction committee will be favorable to credit unions.