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LAS VEGAS — The recovery banner has been waving on Wall Street for several months now as the stock markets charge ahead, but not everyone is buying.

CONSHOHOCKEN, Penn. — Strong growth managed to maintain a healthy balance sheet is a recipe for long-term success.

EAU CLAIRE, Wis. — Financial problems faced by one bank in this state played right into the hand of Royal Credit Union, which has acquired 11 branches from troubled AnchorBank.

WASHINGTON — As the credit crunch continues, credit unions are seeing healthy loan growth for the first three quarters of the year, according to a sneak peek at Call Report data being submitted to NCUA right now.

FORT MYERS, Fla. – The FDIC shut down Commerce Bank of Southwest Florida Friday and assigned the remnants of the failed institution to Central Bank of Stillwater, Minn.

EAU CLAIRE, Wis. – Financial problems faced by one bank in this state played right into the hand of Royal CU, which agreed to acquire 11 branches from troubled AnchorBank as part of its growth strategy.

LAS VEGAS — It's fitting credit unions from California and Nevada will be meeting here this week. The city that figuratively and financially symbolized the real estate boom has been hit hard by the housing crash and a painful, ongoing recession.

ALEXANDRIA, Va. — NCUA said it is instructing its examiners to put less emphasis on the "E" or earnings component in the so-called CAMEL code, as long as a credit union has a long-term strategic plan to weather the current economic environment.

ORLANDO, Fla. — Individual credit unions and their trade associations need to generate greater consensus and a more in-depth plan for alternative capital if they expect Congress to take action anytime soon, according to NCUA board member Mike Fryzel.

SAN DIEGO — Credit Union Journal asked attendees at the CUNA Operations, Sales and Service Council's annual conference here if they have seen signs of an economic recovery.

MADISON, Wis. — Credit unions are making the right moves in a tough economy, but a "series of body blows" this year will make 2010 even more difficult, according to CUNA Mutual's top economist, Dave Colby.

ORLANDO, Fla. — With federal legislation potentially curtailing revenue streams and adding regulatory burdens, credit unions will have to walk a fine line between boosting fee income and turning off members.

WASHINGTON — According to a new study by the Pew Center on the States, California's problems are in a "league of their own," but the same pressures that drove the Golden State toward fiscal disaster are wreaking havoc in a number of states, with potentially damaging consequences for the entire country.

PHOENIX — The combined housing/economic crises are intertwined messes that will not be fixed for months to come. That is the message from Patrick LaVoie, founder and fund manager for The Westward Fund

DALLAS — One analyst sees California and Nevada with lingering problems with employment and housing that run the risk of a double-dip recession, but he does see some positives.

RIVERSIDE, Calif. — Mark Hawkins, president and CEO of Altura Credit Union, believes the Inland Empire region of Southern California has made a small turnaround.

WEST PALM BEACH, Fla. – In another sign of the economic downturn in south Florida Evangelical Christian CU, the California credit union that specializes in financing churches, has filed a foreclosure notice on Summit Christian School of Palm Beach County.

ALBUQUERQUE, N.M. – Local developer Vince Garcia has agreed to a foreclosure by First Financial CU on Copper Square, the downtown Albuquerque building he bought in 2007 with plans of turning the one-time historic hotel into an office condominium building, according to court papers.

ATLANTA – First Data Corp., the nation’s largest payments processor, reported Friday that financing charges connected to its $27 billion buyout by Kohlberg Kravis Roberts & Co. two years ago continue to weigh heavily on its profits and created a $288.9 million third quarter loss.

WASHINGTON – Regulators shut down two south Florida banks and one in California Friday, raising the total number of bank failures to 123 for 2009.