WASHINGTON -- By raising $213,297.21, the Iowa Credit Union League's state political action committee has broken its previous fundraising record.

ALEXANDRIA, Va. -- The generosity of NCUA's employees has been recognized by the federal government's main fundraising effort, the Combined Federal Campaign.

ALEXANDRIA, Va. -- Representatives of the three largest credit union trade associations expressed concern at an NCUA hearing today that the agency's proposed 15% budget increase could raise the costs for credit unions in a difficult economic climate.

ALEXANDRIA, Va. -- Citing the perilous economic climate and the need for greater scrutiny of credit unions, the NCUA said today it is likely to ask for $182.9 million for the next budget, a $24.3 million increase over this year's level.

WASHINGTON -- The nation's gross domestic product fell 0.3% during the second quarter, the Commerce Department reported today.

WASHINGTON-- Responding to the continuing woes of the world's financial markets, the Federal Reserve today cut a key interest rate by half a percentage point.

WASHINGTON -- Credit unions have a good friend in a very high place on Capitol Hill, and that could come in handy during the upcoming debate on overhauling financial services regulation.

WASHINGTON -- As guests sipped coffee and ate treats such as cr??me br?>>l?(C)e, longtime members of the credit union community used the occasion of International Credit Union Day to extol the movement's international accomplishments.