Credit unions angry over bailout tax

By Tom Philpott: CNJ columnist Federal credit unions, including those serving millions of military patrons, are fighting to keep off their books nearly $5 billion in charges that regulators have assessed to bail out their largest “corporate” credit union. The U.S. Central Federal Credit Union was in danger of insolvency due to losses on mortgage-backed […]

School board sends $5 million bond issue to voters

Darrell Todd Maurina The Clovis Municipal School Board voted Monday night to ask voters to approve a $5 million bond issue for building projects that could lead to additional state matching grants of more than $5.7 million. The proposal would require a Feb. 3 vote, but school officials and bond consultants said it shouldn’t require […]