SAN DIEGO -- While much payday lending talk has revolved around those who prey on enlisted servicemen and women, $850 million Nevada Federal Credit Union also faces stiff competition from Las Vegas alternative financial service providers.

LENEXA, Kan. -- U.S. Central released its final, audited 2007 financials July 14 with news of a $51 million net loss. It's another blow to the corporate's corporate, which had its pristine AAA long-term debt rating downgraded earlier this year and still remains on ratings watch negative with the major...

CU Times Correspondent-at-Large

RANCHO CUCAMONGA, Calif. -- The California and Nevada Credit Union League's research and information hotline has been ringing off the hook this week with calls from member credit unions seeking to clarify NCUA share insurance details, said Henry Kertman, vice president of public affairs.

NEW YORK -- The FBI has added the insolvent IndyMac Bancorp Inc. to its list of financial corporations worth investigating, the Associated Press is reporting. The bank is under investigation for possible fraud in connection with home loans made to risky borrowers.

ENCINO, Calif. -- The Los Angeles Times reported Tuesday that police were dispatched to IndyMac Bank branches here and in nearby Northridge to calm tempers among customers waiting outside to withdrawal funds from the failed bank.

LENEXA, Kan. -- Standard & Poor's joined Fitch Ratings in affirming U.S. Central's debt ratings, despite the corporate's recently announced 2007 losses.

NEW YORK -- The FBI has added the insolvent IndyMac Bancorp Inc. to its list of financial corporations worth investigating, the Associated Press is reporting. The bank is under investigation for possible fraud in connection with home loans made to risky borrowers.