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Credit Union in Texas buys Colo.'s Norbel
The National Credit Union Administration announced Thursday that Security Service Federal Credit Union of San Antonio has purchased the failed Norbel Credit Union of Fort Collins.
www.denverpost.com

Bank Credit-Default Swaps Headed for Biggest Monthly Drop Since April `08
An index of credit-default swaps insuring against losses on European bank bonds is heading for the biggest monthly drop since April 2008.
www.bloomberg.com

Credit Unions Planning Amalgamation
Eastern Edge Credit Union and Horizon Credit Union are negotiating to amalgamate the two credit unions. The merger must be approved by members from both operations and that decision is expected in late October.
www.vocm.com

Credit Unions Can Do More Small Business Lending, Cheney Says
Congress should raise the lending limits for credit unions because it would help small businesses and create jobs, said Bill Cheney, president and chief executive officer of the Credit Union National Association.
www.businessweek.com

Fitch: Credit-Card Charge-Offs Fall For 1st Time In 3 1/2 Years
Fitch: Credit-Card Charge-Offs Fall For 1st Time In 3 1/2 Years
feeds.foxbusiness.com

Credit demand expected to surge
CREDIT demand for corporate activity on a Europe-wide basis is expected to surge over the current quarter, following inactivity in bank lending.
www.irishexaminer.com

Credit card reform is working but challenges remain
Credit card reform was intended to create a fairer and more transparent marketplace.
www.ky3.com

Crédit Agricole Corporate & Investment Bank Expands Credit and Debt Markets Team with Five Seasoned Professionals
NEW YORK----Crédit Agricole Corporate and Investment Bank today announced the addition of five new highly experienced sales, trading, research, and DCM origination professionals to its expanding debt and credit markets platform.
biz.yahoo.com

Credit scores slide downward
Credit scores for a quarter of American consumers are now too low to qualify for a mortgage or credit card.
www.csmonitor.com

Credit union review welcomed by sector
Credit unions have welcomed plans for an independent review of the sector.
www.rte.ie

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