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Regulators blame banks for credit union losses: report

(Reuters) - U.S. regulators are blaming some of the biggest Wall Street firms for the collapse of five wholesale credit unions and are threatening to sue the banks to recover up to $50 billion of soured investments, the Wall Street Journal reported on Wednesday. Full story

Pentagon's credit union hacked

A security breach at the Pentagon's official credit union has exposed the personal and financial records of members of the U.S. military and their families, putting hundreds of thousands of people at risk for identity theft. Full story

Credit unions pay for risky behavior by a few

The nation's 7,500 credit unions are paying to clean up a multibillion-dollar mess created by a handful of failed institutions that invested in risky mortgage-backed securities. Full story

Fed Rescues Credit Unions

   CNBC's Rick Santelli has the details on Fed regulators seizing control of three wholesale credit unions.

Credit Unions to the Rescue?

Find out how this old-school alternative to traditional banks could be the answer to your credit-crunch blues. Full story

Bank profits rise, but so do bad loans

The number of banks with risky levels of bad loans rose slightly in the latest quarter, even as bank profits rose sharply. Check your bank or credit union in the BankTracker. Full story

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ConsumerMan: Credit unions pick up steam

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