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Top Stories

Florida MBL co-sponsors grows to six

Florida members of Congress are beginning to get behind legislation to raise the credit union member business lending cap. ... More

NCUA extends share guarantee program three months

The Temporary Corporate Credit Union Share Guarantee Program has been extended by the NCUA. ... More

March 8 LSCU Newsletter available

This issue features an update on governmental affairs from Alabama, Florida and Congress, as well as online registration for the AC&E, the Infosight newsletter and credit unions strength for 2009.... More

Kanjorski and Royce press forward for MBL

Rep. Kanjorski and Rep. Royce send colleagues a new letter urging support of HR 3380. ... More

U.S. CU Profile for third quarter 2009 now online

With a hopeful sign in the economy's third-quarter rebound, credit unions' savings growth increased to 10.2%, according to a third quarter 2009 summary of credit union results compiled by CUNA. The U.S. Credit Union Profile for the quarter is now available online.... More

Lawmakers back higher MBL power on 'CNN Tonight'

Reps. Brad Sherman (D-Calif.) and Thaddeus McCotter (R-Mich.) on "CNN Tonight" Monday gave a positive nod to increasing the ability of credit unions to provide member business lending (MBL). ... More

Mass. Supreme Court dismisses CUs' breach case

The Massachusetts Supreme Court has dismissed a multi-million dollar lawsuit by CUMIS Insurance Society, filed on behalf of credit unions whose members' credit cards were compromised in a data breach of BJ's Wholesale Club in 2004-2005.... More

Consumers write CUNA: Nearing point of bank revolt

Consumers are writing the CUNA to vent against banks' actions and policies, and some are mentioning the word "revolt."... More

Compliance: Statements must comply with new overdraft rules Jan. 1

On Jan. 1, 2010, all credit unions that offer overdraft services will have to comply with new Truth-in-Savings requirements for disclosing aggregate overdraft fees on periodic statements.... More

Matz responds to CUNA letter on corporates, budget

Responding to a Dec. 3 letter from CUNA, Chairman Debbie Matz of the National Credit Union Administration reiterated that the agency is "continuing the process of evaluating the future disposition" of corporate credit unions assets.... More