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Top Stories

NCUA's complaint against WesCorp amended to include fraud

NCUA amends complaint in lawsuit against WesCorp FCU to include fraud.... More

LSCU's Oil Spill forum gets credit unions thinking

The LSCU's Credit Union Response to the Gulf Oil Spill provoked good conversation on ideas that will hep those affected along the Gulf.... More

LSCU's La Pine meets with Ken Feinberg, Oil Spill claims czar

LSCU President/CEO Patrick La Pine met with Gulf Coast Claims Facility Administrator Ken Feinberg to discuss ways credit unions can help those hurting along the Gulf.... More

LSCU website has new Gulf oil spill resources page

The LSCU has created a helpful resource page for credit unions to learn about opportunities to help their members along the Gulf coast who are hurting from the oil spill. ... 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